Seeds of Wisdom

Analysis

Seeds of Wisdom is a registered charity in United States, based in Marina DL Rey, CA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Seeds of Wisdom reported income of $349k and spending of $324k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $276k to $349k (+27%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seeds of Wisdom sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Asian Culture Center of Tennessee ($349k), Act Market Street Inc ($349k) and Oklahoma Museums Association ($349k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $70k. At year end it held assets of $325k against liabilities of $16k, net assets of $309k. It reported 1 employees.