Mustard Seed Project

Analysis

Mustard Seed Project is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Mustard Seed Project reported income of $592k and spending of $733k, spending 124% of what it took in. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 119% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Mustard Seed Project sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Project Challenge North Carolina Inc ($592k), Casa of Bee Live Oak and McMullen Counties Inc ($592k) and Healthy Democracy Fund ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $72k (9.9% of expenses). At year end it held assets of $224k against liabilities of $328, net assets of $224k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.