Sowing Seeds with Faith
Analysis
Sowing Seeds with Faith is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Sowing Seeds with Faith reported income of $661k and spending of $568k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $205k to $661k (+222%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sowing Seeds with Faith sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Board of Trustees of the Sedgwick County Law Library Inc ($661k), Alaska Bible College ($661k) and Givethx ($661k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $46k. At year end it held assets of $263k against liabilities of $0, net assets of $263k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Board of Trustees of the Sedgwick County Law Library Inc | Wichita | $661k |
| Alaska Bible College | Palmer | $661k |
| Givethx | Greenbrae | $661k |
| Georgia Foundation for Early Care and Learning | Atlanta | $661k |