Charity Search / FILECOIN FOUNDATION FOR THE DECENTRALIZED WEB
Public & Societal Benefit (W05) 990 on File

FILECOIN FOUNDATION FOR THE DECENTRALIZED WEB

EIN: 85-2066977 · MIDDLETOWN, DE 19709-1032 · United States · FY 2024 Data
3 out of 5 43 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 45/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$24.6M
Total Revenue
$13.7M
Total Expenses
$16.4M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 99.6%
Fundraising Efficiency N/A
Operating Reserve 14.37x
Liability-to-Asset 0.2%
Revenue Diversification 94.3%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 98 similar organizations (United States, Public & Societal Benefit, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
99.6% 84.8%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
14.4 mo 9.7 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.2% 23.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
94.3% 92.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
1151.5% 10.8%
P10P90
Expense growth
Year over year expense growth
-34.5% 7.0%
P10P90
Surplus margin
Surplus as a share of revenue
44.2% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $24.6M $13.7M $16.4M 99.6% —
2023 $2.0M $20.9M $11.7M 100.0% —
2022 $24.2M $12.9M $30.7M 99.6% —
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Organization Details
EIN
85-2066977
State
DE
City
MIDDLETOWN
ZIP
19709-1032
Classification
W05
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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