Samaritan Foundation Inc

Analysis

Samaritan Foundation Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Foundation Inc reported income of $1.3m and spending of $1.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $1.3m (+190%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Samaritan Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Reflections Counseling Services Group ($1.3m), Radical Hope Inc ($1.3m) and Texas Oncology Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $134k (10% of expenses). Other salaries and wages came to $953k. At year end it held assets of $68k against liabilities of $0, net assets of $68k. It reported 26 employees.