Center for Seeds of Hope

Analysis

Center for Seeds of Hope is a registered charity in United States, based in University PL, WA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Center for Seeds of Hope reported income of $58k and spending of $55k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $58k (+5.3%), an average of +5.3% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Seeds of Hope sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Empowering Nations Inc ($58k), Biblical Education Center Inc ($58k) and Queen Anne High School Alumni Association ($58k).

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 $90k against liabilities of $0, net assets of $90k.