Seed Coffeehouse and Eatery LLC

Analysis

Seed Coffeehouse and Eatery LLC is a registered charity in United States, based in Centerville, SD. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Seed Coffeehouse and Eatery LLC reported income of $129k and spending of $136k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $126k to $129k (+2.7%), an average of +1.3% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seed Coffeehouse and Eatery LLC sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 39th percentile within SD. Charities of a similar size with the same main cause include R & R Ministries ($129k), Northern California Uu Camps and Conferences ($129k) and Vision for Asia ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. Other salaries and wages came to $78k. At year end it held assets of $31k against liabilities of $13k, net assets of $18k. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.