Seeds of Hope Inc

Analysis

Seeds of Hope Inc is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Seeds of Hope Inc reported income of $244k and spending of $222k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $144k to $244k (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Seeds of Hope Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Blue Ridge Housing Network Inc ($244k), Hogar Aurora Inc ($244k) and Adams County Habitat for Humanity Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k. It reported 8 employees.