3 Seeds Mentoring Group NFP
Analysis
3 Seeds Mentoring Group NFP is a registered charity in United States, based in Oak Forest, IL. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, 3 Seeds Mentoring Group NFP reported income of $617k and spending of $594k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $604k to $617k (+2.1%), an average of +0.5% a year. Over the whole period it spent 98% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, 3 Seeds Mentoring Group NFP sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include 3d Girls Incorporated ($617k), Student Impact Initiative ($617k) and Future Farmers of America and Its State Associations & Local Chapter ($617k).
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 $95k (16% of expenses). Other salaries and wages came to $198k. At year end it held assets of $91k against liabilities of $5,600, net assets of $85k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| 3d Girls Incorporated | Atlanta | $617k |
| Student Impact Initiative | Hilliard | $617k |
| Future Farmers of America and Its State Associations & Local Chapter | Stillwater | $617k |
| Horizons New York City | Brooklyn | $618k |