Plant the Seed

Analysis

Plant the Seed is a registered charity in United States, based in Antioch, TN. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Plant the Seed reported income of $197k and spending of $202k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $472k to $197k (-58%), an average of -20% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Plant the Seed sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Sonrise Harbor Inc ($197k), San Bernardino Fatherhood ($197k) and Backpacks of Love Inc ($197k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (24% of expenses). Other salaries and wages came to $91k. At year end it held assets of $186k against liabilities of $5,406, net assets of $180k. It reported 13 employees.