Seed of Harvest Ministries Inc

Analysis

Seed of Harvest Ministries Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in February 1997, 29 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 December 2023, Seed of Harvest Ministries Inc reported income of $286k and spending of $223k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $286k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seed of Harvest Ministries Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Center for Transformation &training ($286k), Nations Destiny Enterprise USA Inc ($286k) and Haitian Christian Foundation ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $267k against liabilities of $87k, net assets of $180k.