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Washington, D.C. · Nonprofit

Democracy Fund Inc

Democracy Fund Inc (Washington, D.C.) receives grants from 6 organizations whose IRS filings report $65,558,000 to it, the largest being Vanguard Charitable Endowment Program ($64,750,000). 0 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$64M
Revenue FY2024
6
Funders on record
$66M
Grants received
$-15863122
Net assets
0/6 repeat funderspeak grant-dependency 1%

Against its field

Democracy Fund Inc is better cushioned than half of the 3,286 human services nonprofits its size.

Months of reserve1.8mo · above the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 3,286 human services nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($53M) Expenses 100 ($47M) Net assets 100 ($53M)2018 Revenue 139 ($74M) Expenses 117 ($56M) Net assets 134 ($72M)2019 Revenue 119 ($63M) Expenses 119 ($56M) Net assets 147 ($79M)2020 Revenue 124 ($66M) Expenses 152 ($72M) Net assets 136 ($73M)2021 Revenue 112 ($60M) Expenses 126 ($60M) Net assets 136 ($73M)2022 Revenue 129 ($69M) Expenses 131 ($62M) Net assets 148 ($79M)2023 Revenue 5 ($2.5M) Expenses 211 ($100M) Net assets -34 ($-18235589)2024 Revenue 120 ($64M) Expenses 130 ($62M) Net assets -30 ($-15863122)
'17'18'19'20'21'22'23'24
Revenue (120)Expenses (130)Net assets (-30)Peer revenue range
02Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $75k → $25k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF)99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Democracy Fund Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Democracy Fund Inc leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Democracy Fund Inc.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2023 100%broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

99% of Democracy Fund Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $808k that is directly attributable, 88% of it comes from funders outside Washington, D.C., across 5 states.

NH
NY
CA
DE
DC

In-state vs out-of-state, by year

19
20
21
23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $65M arriving through sponsors registered in 1 stateis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Democracy Fund Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Democracy Fund Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Democracy Fund Inc?
Democracy Fund Inc (Washington, D.C.) receives grants from 6 organizations whose IRS filings report $65,558,000 to it, the largest being Vanguard Charitable Endowment Program ($64,750,000). 0 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Democracy Fund Inc have?
IRS filings report 6 organizations giving $65,558,000 in grants to Democracy Fund Inc.
Who is the largest funder of Democracy Fund Inc?
Vanguard Charitable Endowment Program is the largest funder on record, with $64,750,000 in grants. The full list of funders is on this page.
How can an organization like Democracy Fund Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing