Seed House Project

Analysis

Seed House Project is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Seed House Project reported income of $1.6m and spending of $1.2m, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $50k to $1.6m (+3102%), an average of +218% a year. The sharpest change came in the year to December 2022, when income rose by 645%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seed House Project sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Lasting Impressions Child Developme NT Center Inc ($1.6m), Miracles Outreach & Community Development Center Inc ($1.6m) and Family Connection-Communities in Schools of Athens Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $207k (17% of expenses). Other salaries and wages came to $268k. At year end it held assets of $1.2m against liabilities of $68k, net assets of $1.1m. It reported 7 employees.