Seed of Life Christian Center

Analysis

Seed of Life Christian Center is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seed of Life Christian Center reported income of $66k and spending of $77k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $66k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seed of Life Christian Center sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Iglesia de Restauracion Arboles de Justicia ($66k), Christia Fellowship at Bridgewater ($66k) and New Generation Apostolic Holiness Church Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.