Blissful Seeds Inc

Analysis

Blissful Seeds Inc is a registered charity in United States, based in Poway, CA. It received its IRS tax-exemption ruling in April 2020, 6 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, Blissful Seeds Inc reported income of $177k and spending of $113k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $177k (+325%), an average of +325% a year. The sharpest change came in the year to December 2023, when income rose by 325%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blissful Seeds Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Pourhouse Inc ($177k), Toy Shop of Duncan ($177k) and 4north Project Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $73k against liabilities of $3,628, net assets of $69k.