Seeds of Hope Childrens Ministry USA

Analysis

Seeds of Hope Childrens Ministry USA is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Seeds of Hope Childrens Ministry USA reported income of $203k and spending of $299k, spending 148% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $217k to $203k (-6.5%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeds of Hope Childrens Ministry USA sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Gavin Farrell Foundation ($203k), St Vincent de Paul Society St Vincent de Paul Conference ($203k) and Guanyin Citta SF Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.