Seed of Hope Center Inc

Analysis

Seed of Hope Center Inc is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Seed of Hope Center Inc reported income of $292k and spending of $286k, spending 98% of its income. Across the 4 years on record, from July 2021 to December 2023, income grew from $245k to $292k (+19%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seed of Hope Center Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Moonrise Therapeutics ($292k), Alternative Teaching Strategy Center ($292k) and Sheep Inc Health Care Center ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (28% of expenses). Other salaries and wages came to $44k. At year end it held assets of $473k against liabilities of $118k, net assets of $355k. It reported 5 employees.