Seedtime & Harvest Ministries Inc

Analysis

Seedtime & Harvest Ministries Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seedtime & Harvest Ministries Inc reported income of $579k and spending of $464k, spending 80% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $215k to $579k (+169%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seedtime & Harvest Ministries Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Queen Anne Helpline Inc ($578k), Gary Bowlin Evangelistic Association Inc ($579k) and Toxic Free North Carolina Inc ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (20% of expenses). Other salaries and wages came to $33k. At year end it held assets of $198k against liabilities of $0, net assets of $198k.