Planted Seed Ministries Inc

Analysis

Planted Seed Ministries Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Planted Seed Ministries Inc reported income of $90k and spending of $58k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $90k (+55%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Planted Seed Ministries Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IN. Charities of a similar size with the same main cause include International Women S Ministries ($90k), Russell Ministries Inc ($90k) and Acts 13 Christian Ministries ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.