Overseed

Analysis

Overseed is a registered charity in United States, based in South Easton, MA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Overseed reported income of $313k and spending of $302k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $230k to $313k (+36%), an average of +8.1% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Overseed sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Robeson House Inc ($313k), Armenian Eagles Foundation ($313k) and Hope Street Christian Ministries ($313k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $146k (48% of expenses). Other salaries and wages came to $76k. At year end it held assets of $215k against liabilities of $24k, net assets of $191k. It reported 5 employees.