In this paper, we study the existence and nonexistence of solutions to fractional elliptic equations with the Hardy potential −Δsu−λu/x2s=ur−1+δgu,in Ω,ux>0,in Ω,ux=0,in ℝN∖Ω, where Ω⊂ℝN is a bounded Lipschitz domain with 0∈Ω, −Δs is a fractional Laplace operator, s∈0,1, N>2s, δ is a positive number, 2<r<rλ,s≡N+2s−2αλ/N−2s−2αλ+1, αλ∈0,N−2s/2 is a parameter depending on λ, 0<λ<ΛN,s, and ΛN,s=22sΓ2N+2s/4/Γ2N−2s/4 is the sharp constant of the Hardy–Sobolev inequality.