Wonder Seed Foundation

Analysis

Wonder Seed Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Wonder Seed Foundation reported income of $379k and spending of $295k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $953k to $379k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 37% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wonder Seed Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Ieom Society International ($379k), Classic Car Club of America Museum Inc ($379k) and Unification of Korea Academic Research Foundation ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (20% of expenses). At year end it held assets of $1.1m against liabilities of $63k, net assets of $1.0m.