Seeding Galveston

Analysis

Seeding Galveston is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Seeding Galveston reported income of $78k and spending of $85k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $78k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeding Galveston sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Demonstrate Love ($78k), Harbor Country Emergency Food Pantry Inc ($78k) and Angels Hand Outreach ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $32k against liabilities of $12k, net assets of $20k.