Seeds That Grow Inc

Analysis

Seeds That Grow Inc is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Seeds That Grow Inc reported income of $4.2m and spending of $4.2m, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.1m to $4.2m (+101%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeds That Grow Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Silicon Valley De-Bug ($4.2m), Fund for Guaranteed Income ($4.2m) and Fellowship Village ($4.2m).

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 $293k (6.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $510k against liabilities of $445k, net assets of $65k. It reported 37 employees.