Seeds of Faith

Analysis

Seeds of Faith is a registered charity in United States, based in Fyffe, AL. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seeds of Faith reported income of $132k and spending of $99k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $132k (-5.4%), an average of -5.4% a year. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seeds of Faith sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include Now I See a Person Institute Corporation ($132k), Young Hearts Therapeutic Riding ($132k) and Wetherald Behavioral Academy Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Other salaries and wages came to $36k. At year end it held assets of $111k against liabilities of $342, net assets of $110k. It reported 2 employees.