Sower of Seeds International Ministries Inc

Analysis

Sower of Seeds International Ministries Inc is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in August 2000, 26 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, Sower of Seeds International Ministries Inc reported income of $10.3m and spending of $10.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $10.3m (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sower of Seeds International Ministries Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Kentucky Baptist Assemblies Inc ($10.3m), Independent Baptist Mission for Asians Inc ($10.3m) and Eretz Hachaim US Inc ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $335k (3.3% of expenses). Other salaries and wages came to $664k. At year end it held assets of $3.2m against liabilities of $823k, net assets of $2.4m. It reported 21 employees.