Valid Vote Inc

Analysis

Valid Vote Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in May 2023, 3 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 December 2023, Valid Vote Inc reported income of $455k and spending of $253k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $455k (+645%), an average of +645% a year. The sharpest change came in the year to December 2023, when income rose by 645%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valid Vote Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include KFK Foundation Inc ($454k), Foundation for Abundant Living ($455k) and Monroe Early Childhood Association Inc ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.