The Broad Street bar which was asked by police to host the English Defence League protesters ahead of the demonstration in Birmingham on Saturday is appealing for charities to come forward to apply for the cash raised.
Hundreds of EDL members gathered in Bar Risa ahead of their rally in Centenary Square, where trouble flared as demonstrators clashed with police and members of anti-fascist groups.
Rumours circulated around social networking sites that Islamic Relief, an international aid and development charity, was set to receive the money raised from drink sales.
But a spokesman for Bar Risa said no decision had been made about which charity would be receiving the cash.
He said: "A decision about who will receive the money will be made during the week.
"At the moment we are appealing for any groups who believe they are worthy of a charitable donation to contact us.
"Police made several requests to us to host the EDL members before their demonstration.
"The gathering in the bar was peaceful and the EDL members were polite and respectful to staff.
"We do not support the EDL. We hosted them to help the community around Broad Street.
"We hope the money goes to a local charity."
Bar Risa can be contacted on 0121 632 4936.