According to the Association for Democratic Reforms (ADR) analysis, the Jan Suraaj party, which participated in 238 Bihar assembly elections in 2025 but won no seats, declared an income of ₹101.32 crore during the 2024-25 period. This income included donations amounting to ₹99.40 crore.
The party's expenses totaled ₹9.2 crore. Since then, the party has secured one seat in the assembly thanks to the victory of its founder, Prashant Kishor, in a by-election held in July, and has also won one seat in the Bihar Legislative Council.
The analysis revealed that the top 10 donors among 10 registered unrecognized political parties (RUPPs) contributed a total of ₹120 crore through 445 transactions. The Jan Suraaj party dominated in receiving funding from these top 10 donors, declaring ₹97.72 crore from 104 donations. This accounted for 80% of the contributions from the top 10 donors across all ten parties.
Specifically, Vedhas Ventures donated ₹85 crore to Jan Suraaj through 85 transactions, while Kishor donated ₹10 crore through 10 transactions. The remaining nine parties collectively received only ₹23.26 crore from their top 10 donors.
The ADR analysis also showed that annual audit reports and contributions for the 2024-25 financial year are not publicly available for a significant 65% or 1330 out of the total RUPPs. Among the top 15 RUPPs, approximately ₹1064 crore was declared in high-value donations (less than ₹20,000), and a total income of ₹973.93 crore was reported, with none of them winning any seats in the elections they participated in.
A comparison of disclosure data demonstrates that national parties control the vast majority of financial resources, generating a total income of about ₹7960 crore. This amount is more than 6.6 times greater than the income of 36 regional parties (₹1192.944 crore) and 8.1 times greater than the income of the top 15 unrecognized parties (₹973.93 crore).