Seeds of Learning

Analysis

Seeds of Learning is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seeds of Learning reported income of $1.0m and spending of $945k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $859k to $1.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seeds of Learning sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Friends of Libertas Academy Charter School Inc ($1.0m), Connecticut Association of Independent Schools Inc ($1.0m) and International Educational Foundation of America Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $74k (7.8% of expenses). Other salaries and wages came to $532k. At year end it held assets of $2.8m against liabilities of $67k, net assets of $2.8m. It reported 25 employees.