Mountain Seed Foundation

Analysis

Mountain Seed Foundation is a registered charity in United States, based in Centreville, VA. It received its IRS tax-exemption ruling in January 2022, 4 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 December 2023, Mountain Seed Foundation reported income of $749k and spending of $327k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $704k to $749k (+6.4%), an average of +6.4% a year. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mountain Seed Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Covina Valley Community Support ($749k), Help Me Help You Foundation ($749k) and Christ Child Society of South Bend Inc ($749k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (26% of expenses). Other salaries and wages came to $12k. It paid $9,000 in professional fundraising fees. At year end it held assets of $536k against liabilities of $0, net assets of $536k. It reported 4 employees.