Seeds

Analysis

Seeds is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seeds reported income of $2.7m and spending of $2.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.7m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Seeds sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include World Forestry Center Inc ($2.7m), Hawaiian Legacy Reforestation Initiative ($2.7m) and Native Conservancy ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $81k (2.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.2m against liabilities of $459k, net assets of $757k. It reported 118 employees.