Sowing Seeds of Faith Inc

Analysis

Sowing Seeds of Faith Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sowing Seeds of Faith Inc reported income of $175k and spending of $175k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $175k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sowing Seeds of Faith Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Family Health Foundation Inc ($175k), Forgottensong ($175k) and Epilogos Charities Inc ($175k).

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 $71k against liabilities of $70k, net assets of $1,297.