Seeds 4 Success Inc

Analysis

Seeds 4 Success Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Seeds 4 Success Inc reported income of $659k and spending of $576k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $509k to $659k (+29%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Seeds 4 Success Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Tom Tod Ideas Inc ($659k), Norte Youth Cycling ($659k) and Rise Up Inc ($658k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $111k (19% of expenses). Other salaries and wages came to $184k. At year end it held assets of $643k against liabilities of $64k, net assets of $580k. It reported 7 employees.