Studio Samuel Foundation Inc

Analysis

Studio Samuel Foundation Inc is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Studio Samuel Foundation Inc reported income of $231k and spending of $272k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $240k to $231k (-3.6%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Studio Samuel Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Love and Hope Mission Corp ($231k), The National Council for Eurasian and East European Research ($231k) and Womens Federation for World Peace International Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (30% of expenses). Other salaries and wages came to $19k. At year end it held assets of $10k against liabilities of $0, net assets of $10k. It reported 1 employees.