Seed Systems Group Inc

Analysis

Seed Systems Group Inc is a registered charity in United States, based in Kenya. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Seed Systems Group Inc reported income of $315k and spending of $242k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $451k to $315k (-30%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Seed Systems Group Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile. Charities of a similar size with the same main cause include Americas Empowerment Institute Inc ($315k), Partners in Compassionate Care ($315k) and She Is More Than Inc ($315k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.0m against liabilities of $2.9m, net assets of $104k.