Mustard Seed Generation Inc

Analysis

Mustard Seed Generation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2021, 5 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, Mustard Seed Generation Inc reported income of $97k and spending of $102k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $97k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mustard Seed Generation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Military Families United of Michigan ($97k), Passaic County 200 Club Jersey Nonprofit Corporation ($97k) and Hospice and Palliative Care Association of Ar ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.