Promote the Vote Fund

Analysis

Promote the Vote Fund is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, Promote the Vote Fund reported income of $919k and spending of $1.6m, spending 171% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $475k to $919k (+93%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 494%. Over the whole period it spent 82% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Promote the Vote Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Womens Center of Northwest Indiana Inc ($919k), North County Sober Living Inc ($921k) and Child Advocates Casa of Red River ($918k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $111k (7.0% of expenses). Other salaries and wages came to $202k. At year end it held assets of $881k against liabilities of $138k, net assets of $743k. It reported 8 employees.