Samaritan Center Inc

Analysis

Samaritan Center Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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 June 2024, Samaritan Center Inc reported income of $1.4m and spending of $1.1m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.3m to $1.4m (-40%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 35%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Samaritan Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Turner Retirement Homes Inc ($1.4m), Hospice Foundation of America Inc ($1.4m) and Mt Zion Land Development Corporation II ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $129k (11% of expenses). Other salaries and wages came to $359k. At year end it held assets of $6.6m against liabilities of $38k, net assets of $6.5m. It reported 10 employees.