Seeds of Strength Giving Circle

Analysis

Seeds of Strength Giving Circle is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Seeds of Strength Giving Circle reported income of $180k and spending of $178k, spending 99% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $214k to $180k (-16%), an average of -8.4% a year. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Seeds of Strength Giving Circle sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Blue Ridge Kiwanis Foundation Inc ($180k), Magalia Community Park ($180k) and National Cartoonists Society Foundation Inc ($180k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 1.4% of the total. At year end it held assets of $199k against liabilities of $1,850, net assets of $197k.