Seek Ministries Inc

Analysis

Seek Ministries Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in May 2009, 17 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, Seek Ministries Inc reported income of $242k and spending of $278k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $242k (-0.7%), an average of -0.7% a year. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seek Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Neshama Association of Jewish Chaplains Inc ($242k), Jewish Soldiers Tfilin Fund Inc ($242k) and Healthy Growing Leaders Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $28k (9.9% of expenses). Other salaries and wages came to $28k. At year end it held assets of $84k against liabilities of $4,004, net assets of $80k. It reported 2 employees.