Seekhaven Inc

Analysis

Seekhaven Inc is a registered charity in United States, based in Moab, UT. It received its IRS tax-exemption ruling in July 1992, 34 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 June 2023, Seekhaven Inc reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $796k to $1.3m (+63%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seekhaven Inc sits at the 78th 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 UT. Charities of a similar size with the same main cause include Hfe Share It Forward Inc ($1.3m), Clean Cause Foundation ($1.3m) and Gunnison Country Food Pantry ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $648k. It paid $22k in professional fundraising fees. At year end it held assets of $934k against liabilities of $43k, net assets of $890k. It reported 25 employees.