Samaritan Keep Nursing Home Inc

Analysis

Samaritan Keep Nursing Home Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in March 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Samaritan Keep Nursing Home Inc reported income of $24.6m and spending of $24.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.2m to $24.6m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaritan Keep Nursing Home Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Angela Hospice Home Care Inc ($24.6m), Alternative Family Services Inc ($24.6m) and Specialized Alternatives for Families and Youth of Ohio Inc ($24.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $46k (0.2% of expenses). Other salaries and wages came to $13.1m. At year end it held assets of $9.4m against liabilities of $6.8m, net assets of $2.7m. It reported 463 employees.