Seeds

Analysis

Seeds is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Seeds reported income of $164k and spending of $141k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $164k (-5.3%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seeds sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Rugby Idaho Inc ($164k), Central Coast Youth Football League ($164k) and Barnegat Soccer Club ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.