Seed Studio

Analysis

Seed Studio is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. 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 December 2023, Seed Studio reported income of $116k and spending of $107k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $116k (+3.2%), an average of +3.2% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seed Studio sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Brainerd Sports Boosters Club Inc ($116k), Sparks Youth Sports Foundation ($116k) and Volunteers of America Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 72% of the total. At year end it held assets of $50k against liabilities of $4,403, net assets of $45k.