Good Samaritan Ministries Inc

Analysis

Good Samaritan Ministries Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in October 2019, 7 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 December 2023, Good Samaritan Ministries Inc reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $661k to $1.5m (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Samaritan Ministries Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Young Mens Christian Association of Scottsbluff Nebraska ($1.5m), The Christian Help Center of Person County ($1.5m) and Youth Shelter Care of North Central Iowa ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $24k (1.6% of expenses). Other salaries and wages came to $15k. At year end it held assets of $2.5m against liabilities of $2.6m, net assets of -$120k. It reported 3 employees.