Mt Hermon Good Samaritan Foundation

Analysis

Mt Hermon Good Samaritan Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in November 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mt Hermon Good Samaritan Foundation reported income of $566k and spending of $508k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $489k to $566k (+16%), an average of +3.7% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Hermon Good Samaritan Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Wildhorses in Need Inc ($566k), Western Michigan Sheet Metal J a C T Fund ($566k) and Pacific Cancer Foundation ($566k).

Other salaries and wages came to $166k. At year end it held assets of $128k against liabilities of $274k, net assets of -$146k. It reported 4 employees.