Samaritan Inn Inc

Analysis

Samaritan Inn Inc is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Inn Inc reported income of $774k and spending of $664k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $475k to $774k (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Samaritan Inn 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 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Saint Marks Ministry to Aged Inc ($773k), Easthampton Housing for the Elderly Inc ($774k) and Camp Haven Inc ($773k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $130k (20% of expenses). Other salaries and wages came to $175k. At year end it held assets of $2.0m against liabilities of $205k, net assets of $1.8m. It reported 5 employees.