The Samaritan Medical Center Foundation of Northern New York in

Analysis

The Samaritan Medical Center Foundation of Northern New York in is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Samaritan Medical Center Foundation of Northern New York in reported income of $1.3m and spending of $450k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $1.3m (-71%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Samaritan Medical Center Foundation of Northern New York in sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Friends of National Guard Families ($1.3m), United Way of South Wood & Adams Counties Inc ($1.3m) and Morris Community Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $19.3m against liabilities of $140k, net assets of $19.1m. It reported 1 employees.