Seeds of Love

Analysis

Seeds of Love is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in February 2002, 24 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, Seeds of Love reported income of $450k and spending of $304k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $266k to $450k (+69%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seeds of Love sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Community Lifeline ($449k), Sunny Bunch Christian Childcare Center Inc ($450k) and Pay Away the Layaway Inc ($449k).

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 $36k (12% of expenses). At year end it held assets of $168k against liabilities of $0, net assets of $168k. It reported 1 employees.