Good Samaritan College of Nursing and Health Science

Analysis

Good Samaritan College of Nursing and Health Science is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Good Samaritan College of Nursing and Health Science reported income of $5.2m and spending of $8.5m, spending 162% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $5.2m (+7.6%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 158% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Samaritan College of Nursing and Health Science sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Sauer Health Care ($5.2m), Public Private Strategies Institute ($5.2m) and The Shakespeare Center of Los Angeles Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. At year end it held assets of $6.0m against liabilities of $54.1m, net assets of -$48.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.