Throwing Seeds Inc

Analysis

Throwing Seeds Inc is a registered charity in United States, based in Jacksonville, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Throwing Seeds Inc reported income of $76k and spending of $64k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $76k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Throwing Seeds Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Iglesia Cristiana Damasco ($76k), World Evangelical Center Inc ($76k) and Nursing Home Ministry ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.