Seeds of Health

Analysis

Seeds of Health is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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 June 2023, Seeds of Health reported income of $21.0m and spending of $17.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.6m to $21.0m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seeds of Health sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Futures Without Violence ($21.0m), New Directions Housing Corporation ($21.0m) and Virginia Tech Real Estate FDN ($21.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $636k (3.6% of expenses). Other salaries and wages came to $7.8m. It paid $14k in professional fundraising fees. At year end it held assets of $23.7m against liabilities of $10.2m, net assets of $13.5m. It reported 179 employees.