Samaritan Bethany Inc

Analysis

Samaritan Bethany Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in April 1980, 46 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 September 2023, Samaritan Bethany Inc reported income of $19.5m and spending of $16.9m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $20.7m to $19.5m (-5.7%), an average of -1.5% a year. The sharpest change came in the year to September 2023, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaritan Bethany 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 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Seniorage Area Agency on Aging ($19.5m), Reliable Enterprises ($19.5m) and Crossroads Community Services Inc ($19.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $425k (2.5% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $34.0m against liabilities of $33.2m, net assets of $843k. It reported 304 employees.