Seed Global Health Inc

Analysis

Seed Global Health Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2011, 15 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 March 2023, Seed Global Health Inc reported income of $8.0m and spending of $8.6m, spending 108% of what it took in. Across the 4 years on record, from September 2019 to March 2023, income grew from $3.2m to $8.0m (+147%), an average of +35% a year. The sharpest change came in the year to September 2020, when income rose by 214%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seed Global Health Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Birmingham Promise Inc ($8.0m), Woodland Hill Montessori School ($8.0m) and Capitol Collegiate Inc ($8.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 102% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $528k (6.1% of expenses). Other salaries and wages came to $3.3m. It paid $124k in professional fundraising fees. At year end it held assets of $16.7m against liabilities of $540k, net assets of $16.1m. It reported 47 employees.