Seeds of Joy Foundation

Analysis

Seeds of Joy Foundation is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in September 2016, 10 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, Seeds of Joy Foundation reported income of $71k and spending of $58k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $71k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 70% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Seeds of Joy Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Taraloka Foundation ($71k), International Visitors Council Inc ($71k) and Bamyan Foundation ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.