Seeds of Hope Incorporated

Analysis

Seeds of Hope Incorporated is a registered charity in United States, based in Lithia, FL. It received its IRS tax-exemption ruling in February 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 June 2024, Seeds of Hope Incorporated reported income of $128k and spending of $150k, spending 117% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $101k to $128k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeds of Hope Incorporated sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Unlimited Fitness Foundation ($128k), Careyes Foundation ($128k) and At Risk Children Foundation Inc ($128k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.