Seedling Foundation

Analysis

Seedling Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Seedling Foundation reported income of $1.6m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.0m to $1.6m (+56%), an average of +12% a year. The sharpest change came in the year to July 2021, when income rose by 45%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seedling Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Progeny Academy Inc ($1.6m), Oak Park and River Forest High School Imagine Foundation ($1.6m) and Arkansas Construction Education Foundation ($1.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $126k (8.8% of expenses). Other salaries and wages came to $837k. At year end it held assets of $3.4m against liabilities of $313k, net assets of $3.1m. It reported 20 employees.