Arm Seeds of Hope

Analysis

Arm Seeds of Hope is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2017, 9 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, Arm Seeds of Hope reported income of $168k and spending of $171k, spending 102% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $217k to $168k (-22%), an average of -6.2% a year. The sharpest change came in the year to December 2022, when income rose by 894%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arm Seeds of Hope sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include All in One Community Center Inc ($168k), Family Services for Children Inc ($168k) and Centro Comunitario Afe Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.