Samaritan Healthcare & Hospice Inc

Analysis

Samaritan Healthcare & Hospice Inc is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in April 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Samaritan Healthcare & Hospice Inc reported income of $49.6m and spending of $48.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.6m to $49.6m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Samaritan Healthcare & Hospice Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Pennsylvania Association of Area Agency on Aging Directors Inc ($49.6m), Family Guidance Centers Inc ($49.6m) and Johns Hopkins Home Care Group Inc ($49.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $2.4m (4.9% of expenses). Other salaries and wages came to $23.4m. At year end it held assets of $71.7m against liabilities of $22.7m, net assets of $49.0m. It reported 459 employees.