Samuel Staten Sr Charity Fund

Analysis

Samuel Staten Sr Charity Fund is a registered charity in United States, based in Langhorne, PA. It received its IRS tax-exemption ruling in February 2001, 25 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, Samuel Staten Sr Charity Fund reported income of $163k and spending of $146k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $163k (+8.4%), an average of +8.4% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Samuel Staten Sr Charity Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Daniel Pearl Foundation ($163k), Long Island Networking Elite Inc ($163k) and Laton Lions Club of Laton California Foundation ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.