Samaritan Daytop Foundation

Analysis

Samaritan Daytop Foundation is a registered charity in United States, based in Briarwood, NY. It received its IRS tax-exemption ruling in May 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Samaritan Daytop Foundation reported income of $3.4m and spending of $3.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $3.4m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Samaritan Daytop Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Potter Childrens Home and Family Ministries Inc ($3.4m), Catholic Charities of Northwest Florida Inc ($3.4m) and Charles W Cammack Childrens Center Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $206k (6.7% of expenses). Other salaries and wages came to $52k. At year end it held assets of $39.9m against liabilities of $16.4m, net assets of $23.5m. It reported 4 employees.