The Good Samaritan Ministries

Analysis

The Good Samaritan Ministries is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, The Good Samaritan Ministries reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $3.0m (+54%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 294%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Good Samaritan Ministries sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Young Mens Christian Association of Palestine Texas ($2.9m), Oxford Area Neighborhood Services Center Inc ($3.0m) and Woods Hollow Childrens Center Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $66k (2.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.6m against liabilities of $529k, net assets of $4.1m. It reported 40 employees.