Seed Coalition

Analysis

Seed Coalition is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Seed Coalition reported income of $1.0m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $410k to $1.0m (+149%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 534%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seed Coalition sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Darren Patterson Christian Academy ($1.0m), Charter Arts Foundation ($1.0m) and Mesivta of Cleveland ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $104k (10% of expenses). Other salaries and wages came to $479k. At year end it held assets of $523k against liabilities of $215k, net assets of $307k.