Samaritan Works Inc

Analysis

Samaritan Works Inc is a registered charity in United States, based in Sidney, OH. It received its IRS tax-exemption ruling in November 2007, 19 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 Works Inc reported income of $170k and spending of $128k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $356k to $170k (-52%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 61%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaritan Works Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Parents & Children in Action Inc ($170k), Harvest East End Inc ($170k) and Down Syndrome Network of Montgomery County Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $50k (39% of expenses). Other salaries and wages came to $9,207. At year end it held assets of $244k against liabilities of $6,406, net assets of $238k. It reported 3 employees.