Fair Democracy Engagement Fund

Analysis

Fair Democracy Engagement Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fair Democracy Engagement Fund reported income of $1.8m and spending of $1.8m, spending 101% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $298k to $1.8m (+488%), an average of +142% a year. The sharpest change came in the year to June 2023, when income rose by 788%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fair Democracy Engagement Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Arkansas Montessori Society Inc ($1.7m), Mercy Health Foundation Joplin ($1.8m) and Biblical Perspectives Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.