S E E D Ministries Inc

Analysis

S E E D Ministries Inc is a registered charity in United States, based in Big Lake, MN. It received its IRS tax-exemption ruling in June 1992, 34 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, S E E D Ministries Inc reported income of $162k and spending of $149k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $302k to $162k (-46%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, S E E D Ministries Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Monroe-Woodbury Islamic Center ($162k), Ahlul Beyt Mosque Inc ($162k) and Living Way Christian Fellowship ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $360k against liabilities of $0, net assets of $360k.