Samaritas

Analysis

Samaritas is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Samaritas reported income of $104.0m and spending of $101.2m, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $101.0m to $104.0m (+3.0%), an average of +1.0% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaritas sits at the 100th 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 MI. Charities of a similar size with the same main cause include Center for Family Services Inc ($103.7m), Wesley Retirement Services Inc ($104.1m) and Youth Advocate Programs Inc ($103.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $1.5m (1.5% of expenses). Other salaries and wages came to $47.8m. At year end it held assets of $62.0m against liabilities of $34.1m, net assets of $27.9m. It reported 1,861 employees.