Awakening Seed Inc

Analysis

Awakening Seed Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Awakening Seed Inc reported income of $1.4m and spending of $1.8m, spending 131% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.5m to $1.4m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to July 2022, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Awakening Seed Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Foundation for Educational and Developmental Opportunity Inc ($1.4m), Simpson County Library District ($1.4m) and Farm Training Collective NYC Inc ($1.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 25% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $175k (9.9% of expenses). Other salaries and wages came to $953k. At year end it held assets of $1.7m against liabilities of $433k, net assets of $1.2m. It reported 33 employees.