Seeds of Hope Foundation Inc

Analysis

Seeds of Hope Foundation Inc is a registered charity in United States, based in Ferndale, WA. It received its IRS tax-exemption ruling in March 2015, 11 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 Foundation Inc reported income of $59k and spending of $61k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $59k (+8.7%), an average of +8.7% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeds of Hope Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include Whatsoever You Do Inc ($59k), Orchard Road Community Outreach Inc ($59k) and Bridge of Central Massachusetts Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,428 against liabilities of $0, net assets of $1,428.