Planters Seed Foundation

Analysis

Planters Seed Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in January 1995, 31 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 2023, Planters Seed Foundation reported income of $52k and spending of $66k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $129k to $52k (-60%), an average of -20% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 46% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Planters Seed Foundation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Because of Kennedy Inc ($51k), Caring Hearts International ($52k) and Songs of Joy Ministries Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $816k against liabilities of $40k, net assets of $776k.