Democratic Fundraising Powerhouse ActBlue Amassed Nearly $150 Million From Small Donors With Misleading Sales Pitch
ActBlue accumulated a cash hoard of at least $172.8 million by the end of 2020 while simultaneously claiming it does not profit from the 3.95% processing fee it charges to politicians that fundraise with the platform.
ActBlue’s nonprofit processing arm has reported paying income taxes on its profits every year since 2013, IRS records show.
From 2013 through 2020, ActBlue’s PAC raked in $147.7 million in “tips” from small-dollar Democratic donors, Federal Election Commission records show.
Multiple election law attorneys said ActBlue’s fundraising tactics raise serious legal concerns.
Democrats can’t help themselves. It’s who they are and what they do. And other Democrats don’t care.
It’s what they expect from each other.
Politicians and political committees that raise funds on ActBlue are charged a 3.95% fee on every dollar they raise, paid to ActBlue Technical Services (ABTS), the network’s credit card processing arm. ABTS is a 527 nonprofit political group that reports its finances monthly to the IRS.
It’s a scam