Seed School of Los Angeles County

Analysis

Seed School of Los Angeles County is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Seed School of Los Angeles County reported income of $12.8m and spending of $12.5m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $15k to $12.8m (+85436%), an average of +849% a year. The sharpest change came in the year to June 2021, when income rose by 215309%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seed School of Los Angeles County sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Davinci Academy of Arts and Science ($12.8m), University Co-Operative Society ($12.8m) and Bridges Academy ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $198k (1.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $53.8m against liabilities of $26.7m, net assets of $27.0m. It reported 72 employees.