Seeds of Hope Oh

Analysis

Seeds of Hope Oh is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in May 2019, 7 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, Seeds of Hope Oh reported income of $211k and spending of $233k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $156k to $211k (+36%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeds of Hope Oh sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Center for All Abilities Inc ($211k), Clements Cuties Foundation ($211k) and Covenant Ranch Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $34k (15% of expenses). Other salaries and wages came to $76k. At year end it held assets of $78k against liabilities of $0, net assets of $78k. It reported 3 employees.