Seek and Save Inc

Analysis

Seek and Save Inc is a registered charity in United States, based in Scotts Valley, CA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Seek and Save Inc reported income of $157k and spending of $169k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $310k to $157k (-49%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seek and Save Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Generosity Rocks ($157k), Mary Lay Center ($157k) and Salt and Light Ministries ($157k).

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 $12k against liabilities of $0, net assets of $12k.