Seed International Inc

Analysis

Seed International Inc is a registered charity in United States, based in LA Mirada, CA. It received its IRS tax-exemption ruling in March 1991, 35 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 September 2022, Seed International Inc reported income of $4.7m and spending of $4.5m, spending 95% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $3.1m to $4.7m (+55%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seed International Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include World in Need International ($4.7m), For All Mankind Movement Inc ($4.8m) and Urban Street Angels Inc ($4.7m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (1.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $37k, net assets of $2.5m. It reported 82 employees.