Samaritan Bethany Foundation

Analysis

Samaritan Bethany Foundation is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in May 1984, 42 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 September 2023, Samaritan Bethany Foundation reported income of $140k and spending of $178k, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $136k to $140k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to September 2021, when income rose by 89%. 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, Samaritan Bethany Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include North Yarmouth Historical Society ($140k), Rim Country Hospice Inc ($140k) and Village Foundation Inc ($140k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $74k. At year end it held assets of $1.6m against liabilities of $335k, net assets of $1.3m.