Freed Seed Federation Inc

Analysis

Freed Seed Federation Inc is a registered charity in United States, based in Westport, MA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Freed Seed Federation Inc reported income of $102k and spending of $78k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $102k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freed Seed Federation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Bridgton & Waterford School Age Child Care Association Inc ($102k), Georgia Farm Foundation ($102k) and Society of St Vincent de Paul Corpus Christi Conference ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $2,641, net assets of $32k.