Human Services
(P60)
IRS Verified
DX Registered
990 on File
SEEDS OF FAITH INC
Financial strength (30%)
95/100
Reliability (20%)
50/100
Effectiveness (25%)
90/100
Impact (25%)
55/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Passion, Dedication, Love The Mission here at Lydia’s House of Hope is to train and equip homeless and poverty stricken woman and children with the necessary skills, counseling, and support needed to move out of their chronic homeless situation. We work to provide them sustainable self-supporting, and independent living, while at the same time, providing a safe environment where residents are equipped, encouraged, and empowered to reach their highest potential.
Financial Overview — FY 2024
$483K
Total Revenue
$603K
Total Expenses
$974K
Net Assets
16
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.6%
Fundraising Efficiency
11.3%
Operating Reserve
19.38x
Liability-to-Asset
17.5%
Revenue Diversification
77.2%
Executive Compensation
$58K
Compared with Peers
FY 2024
Compared with 15,047 similar organizations
(United States, Human Services, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.6% | 86.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.8% | 10.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
11.3% | 15.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.4 mo | 8.4 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
17.5% | 1.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.2% | 96.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
3.5% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.1% | 8.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-24.9% | 2.1% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Have a safe and secure home | 80 | $400.00 | — | Per Month |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $483K | $603K | $974K | 80.6% | 16 |
| 2023 | $467K | $603K | $1.1M | 83.0% | 18 |
| 2022 | $559K | $606K | $1.2M | 74.5% | 21 |
| 2021 | $1.0M | $452K | N/A | — | 20 |
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