Seeds of Abraham Ministries

Analysis

Seeds of Abraham Ministries is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2021, Seeds of Abraham Ministries reported income of $285k and spending of $240k, spending 84% of its income. Across the 2 years on record, from December 2020 to December 2021, income fell from $481k to $285k (-41%), an average of -41% a year. The sharpest change came in the year to December 2021, when income dropped by 41%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seeds of Abraham Ministries sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Coptic Medical Association of North America ($285k), The York County Alliance for Learning ($285k) and Foundation for a Better Life Inc ($285k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $21k (8.8% of expenses). At year end it held assets of $27k against liabilities of $85k, net assets of -$57k.