Seedline International Inc

Analysis

Seedline International Inc is a registered charity in United States, based in Brazil, IN. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Seedline International Inc reported income of $573k and spending of $532k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $573k (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seedline International Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Good TV USA Ministries ($573k), Our Legacy ($573k) and Church Supplies and Services Incorporated ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $42k (7.8% of expenses). Other salaries and wages came to $37k. At year end it held assets of $511k against liabilities of $24k, net assets of $487k.