Seeds of Hope Worldwide Missions

Analysis

Seeds of Hope Worldwide Missions is a registered charity in United States, based in Waller, TX. It received its IRS tax-exemption ruling in March 2013, 13 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 December 2023, Seeds of Hope Worldwide Missions reported income of $64k and spending of $100k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $64k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeds of Hope Worldwide Missions sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include True North Ministries Inc ($64k), Believe in the Children Inc ($64k) and Sprout Up ($64k).

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 $12k against liabilities of $12k, net assets of $0.