Meet the $4 Billion Dollar Network Funding America’s Anti-Trump Protests

from Seaside Heights to Trenton. The latest anti-President Donald J. Trump demonstrations from Newark to Cape May seem to be a coordinated, well-funded national movement supported by a billion-dollar network.

According to a recent analysis by the nonprofit journalism project the Pearl Project, 685 organizations with a combined yearly budget of almost $3.7 billion were involved in recent nationwide anti-Trump demonstrations.

According to the investigation, 418 groups affiliated with the Democratic Party were claimed to have organized the #NoKings protests on Saturday, June 14. Many of the groups operated as nonpartisan enterprises but maintained nonprofit status. The Pearl Project estimates that these organizations together manage yearly budgets of $2.4 billion.

Under hashtags including #TeslaTakedown, #HandsOff, and #MayDay, 267 other organizations have participated in previous protest movements in addition to the #NoKings activities. These organizations, which include many of the same organizations that took part in the June 14 events, are said to generate $1.3 billion in revenue annually.

#NoKings Breakdown Number of organizations Total annual revenues Examples Political leaning
Democratic National Committee affiliates and chapters 102 Not found yet
Political action committees 16 $1,106,056,014 Friends of Bernie Sanders, Progressive Democrats of America and Vote Blue Democratic
501(c)(5) labor union nonprofits 18 $19,417,250 Lead organizer American Federation of Teachers Democratic
501(c)(4) political nonprofits 76 $734,300,000 ACLU, Indivisible Project, Third Act Democratic
501(c)(3) nonprofits 47 $286,700,000 Unitarian Universalist Association, Indivisible Civics Inc. Democratic
Other groups 38 unknown Democratic
Palestine Contingent 32 $54,542,822 Answer Coalition, Code Pink, Council on American-Islamic Relations, Party for Socialism and Liberation, Democratic
Chicago Coalition Against the Trump Agenda (many anti-Israel) 89 $168,840,458 U.S. Palestinian Community Network, Freedom Road Socialist Organization Democratic
Total # of groups that have organized #NoKings protests 418 $2,369,856,544
Additional #TeslaTakedown #HandsOff organizers since January 2025 267 $1,300,000,000
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Of the organizations listed, 76 were classified as 501(c)(4) political nonprofits, which includes organizations like the ACLU, Indivisible Project, and Third Act, while 102 were classified as affiliates or chapters of the Democratic National Committee. Additionally, the study identified 16 political action committees, including Friends of Bernie Sanders and Vote Blue, 47 501(c)(3) NGOs, and 18 labor union organizations.

It was noted that 32 organizations, including Code Pink, the Answer Coalition, and the Council on American-Islamic Relations, participated in the Palestine Contingent. The Chicago Coalition Against the Trump Agenda also mentioned 89 other organizations, some of which were characterized as anti-Israel.

The Pearl Project said that more data is being gathered and that its results are intended to increase openness in the protest sector. The group has asked the public to provide information or suggestions for its ongoing research, which includes creating a database to list organizations that participate in anti-ICE demonstrations.

While acknowledging the existence of well-meaning individuals taking part in protests, the Pearl Project stressed in its public statement that it aims to chronicle the infrastructure that supports these activities.

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