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Fathom Ai Inc

EIN 93-4840479 · San Francisco, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong93 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

FATHOM AI'S MISSION IS TO FIND, BUILD AND SCALE INNOVATIVE GOVERNANCE SOLUTIONS FOR AI THAT FOSTER PUBLIC TRUST IN AI, WHILE UNLEASHING THE POWER OF AMERICAN INNOVATION.

Income
$12.1 million
Spending
$5.8 million
Spent on programs
82%
Reserves
13 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
2
Highest pay
$162,114, co-founder & chief stategy officer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 71% of charities in its peer group (philanthropy, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 13.0 months of spending.

  • Debt

    20 of 20

    It owes 13% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 52% of income.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 93 out of 100. Higher than 27% of charities in its peer group (philanthropy, $10m to $100m).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $4.8 million spent. BRAND AND COALITION BUILDING - THIS WORK IS TO ESTABLISH FATHOM AS A THOUGHT-LEADER IN THE AI GOVERNANCE ECOSYSTEM, AS WELL AS TO BUILD COALITIONS OF SUPPORT FOR OUR GOVERNANCE PROPOSALS AND RECOMMENDATIONS. FATHOM COMPLETES THIS WORK THROUGH RESEARCH, POLLING, FOCUS GROUPS, CONVENING EVENTS, AND EDUCATING STAKEHOLDER GROUPS AND ORGANIZATIONS ACROSS CIVIL SOCIETY, ACADEMIA, INDUSTRY, GOVERNMENT, AND THE AI LABS. IN SOME CASES, WE USE GRANT-MAKING TO SUPPORT MISSION-ALIGNED THIRD PARTIES TO CONDUCT THIS WORK.
  2. $17,064 spent. POLICY AND POLITICS - THIS WORK IS TO CRAFT SPECIFIC POLICY PROPOSALS AT THE STATE, FEDERAL, AND INTERNATIONAL LEVEL TO ENSURE THE DEVELOPMENT OF AI BENEFITS HUMANITY TO ITS FULLEST POTENTIAL. THIS WORK BUILDS ON OUR RESEARCH WORK, AND INVOLVES INTENSIVE COMMUNICATION AND MEDIA TO EDUCATE AND AMPLIFY OUR MESSAGING ACROSS THE ECOSYSTEM. WE ALSO ENGAGE IN LIMITED LOBBYING AS PERMITTED BY STATE AND FEDERAL RULES AND REGULATIONS FOR LOBBYING ACTIVITIES FOR 501(C)(3) ORGANIZATIONS. ANY WORK TO THIS EFFECT IS DONE VIA A SEPARATE 501(C)(6) ENTITY, MERIDIAN GOVERNANCE, INC. NO LOBBYING WAS CONDUCTED IN 2024.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.