Seed Faith Ministries

Analysis

Seed Faith Ministries is a registered charity in United States, based in Yelm, WA. It received its IRS tax-exemption ruling in October 1998, 28 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, Seed Faith Ministries reported income of $163k and spending of $175k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $123k to $163k (+33%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seed Faith Ministries sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Maranatha Christ Revient ($163k), Celestial Church of Christ Twin Cities Miracle Parish ($163k) and Cross Your Heart Ministries Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.