Good Samaritan Lutheran Health Care Center Inc

Analysis

Good Samaritan Lutheran Health Care Center Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in August 1973, 53 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, Good Samaritan Lutheran Health Care Center Inc reported income of $15.3m and spending of $15.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.6m to $15.3m (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Samaritan Lutheran Health Care Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Georgia Southern University Athletic Foundation Inc ($15.3m), Underwriters Laboratories Inc ($15.4m) and Northeast Bronx Day Care Center Inc ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $10.7m against liabilities of $15.8m, net assets of -$5.2m. It reported 262 employees.