Hope Seeds Inc

Analysis

Hope Seeds Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hope Seeds Inc reported income of $315k and spending of $277k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $315k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Seeds Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Hope Yucatan Inc ($315k), She Is More Than Inc ($315k) and Every Nation Education Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $65k (24% of expenses). Other salaries and wages came to $61k. At year end it held assets of $588k against liabilities of $0, net assets of $588k. It reported 3 employees.