"No Labels Relies on Wealthy Donors for 2024 Third-Party Ticket Funding"

No Labels, a nonprofit group aiming to field a third party ticket for the 2024 presidential election, collected $21 million in annual revenue last year, with around 80% of it coming from wealthy donors who gave $100,000 or more. The group, which is not required to disclose donor names, focuses on citizen engagement, grassroots movement building, and ballot access. While it has secured a ballot line in 12 states, No Labels still lacks an actual candidate. The reliance on a small number of wealthy donors raises questions about its grassroots image. No Labels has an affiliated super PAC that has raised $1.4 million and is permitted to contribute to political campaigns.