Seekhealing

Analysis

Seekhealing is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seekhealing reported income of $539k and spending of $406k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $425k to $539k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seekhealing sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Mental Health America of North Dakota ($539k), Moore House Inc ($539k) and Mfasc Inc ($539k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $31k (7.6% of expenses). Other salaries and wages came to $118k. At year end it held assets of $249k against liabilities of $99k, net assets of $150k. It reported 7 employees.