Support for Educational and Economic Development meets the 20 Standards for Charity Accountability.
Support for Educational and Economic Development (SEED) reports that it works in India to provide education and health care to impoverished adults and children. The organization offers vocational training to unemployed youth, financial support to destitute women to help their children go to school, and medical aid. In 2017, SEED states that it provided 36,000 patients with medical aid, supported 18,000 children and 57 schools with financial assistance for education, trained 1,619 youth in vocational studies, and provided 232 widows and families with day-to-day financial expenses. In addition, the organization reports it awarded 310 college scholarships and constructed a new school building in Borvancha village, Nuzvid, Krishna District in Andhra Pradesh.
For the year ended December 31, 2017, Support for Educational and Economic Development's program expenses were:
Program services |
$591,415 |
Total Program Expenses: |
$591,415 |
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.)
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $904,260, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Support for Educational and Economic Development's audited financial statements for the year ended December 31, 2017.
Source of Funds |
Contributions, including grants |
$783,244 |
Fundraising |
$121,016 |
Total Income |
$904,260 |
- Programs: 90%
- Administrative: 8%
- Fundraising: 2%
Total Income |
$904,260 |
Program expenses |
$591,415 |
Fundraising expenses |
$17,214 |
Administrative expenses |
$55,192 |
Other expenses |
$0 |
Total expenses: |
$663,821 |
Income in Excess of Expenses |
$240,439 |
Beginning Net Assets |
$804,251 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$1,044,690 |
Total Liabilities |
$0 |
Total Assets |
$1,044,690 |