Seeds of New Leaf Inc

Analysis

Seeds of New Leaf Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 December 2023, Seeds of New Leaf Inc reported income of $199k and spending of $218k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $199k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seeds of New Leaf Inc 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 54th percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Oromo Resource Center of Minnesota ($199k), Joshuas House ($199k) and International Society for Environmentally Acquired Illness ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.