Seeds of Hope India Inc

Analysis

Seeds of Hope India Inc is a registered charity in United States, based in Marrowbone, KY. It received its IRS tax-exemption ruling in September 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, Seeds of Hope India Inc reported income of $718k and spending of $635k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $718k (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeds of Hope India Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Share the Warmth Inc ($718k), Family Advocates Inc ($718k) and Archuleta Seniors Inc ($718k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $328k against liabilities of $0, net assets of $328k.