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Seed of Abraham Ministries Inc

Merritt Is, Florida · EIN 55-0882094 · Religion-Related · tax-exempt since 2017

B

Charity Clarity grade B (score 76.6 of 100), based on the Form 990 for the year ended December 2024.

Graded against 7,765 religion-related nonprofits with revenue $2M–$10M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.13.5 months86
GovernanceBoard independence, key policies and audit, per the 990.74% of practices74
Margin stabilityHow steady the surplus or deficit is year to year.90
Revenue spreadHow much revenue rests on one type of income.94% from one source41
Filing recordOn-time, complete filings, year after year.100%100

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20162017201820202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$6.14M$5.27M$872K$5.91M13.518B
Dec 2023Form 990$6.08M$5.28M$802K$5.07M11.519B
Dec 2022Form 990$4.70M$4.14M$559K$4.31M12.519C
Dec 2021Form 990$4.22M$3.17M$1.05M$3.75M14.214C
Dec 2020Form 990$3.32M$2.86M$466K$2.70M11.49C
Dec 2018Form 990$2.65M$2.43M$218K$2.27M11.26B
Dec 2017Form 990$2.46M$2.21M$249K$2.05M11.14C
Dec 2016Form 990$2.32M$1.98M$343K$1.81M11.03C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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