South Daytona Beach Good Samaritan Housing Inc

Analysis

South Daytona Beach Good Samaritan Housing Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Daytona Beach Good Samaritan Housing Inc reported income of $397k and spending of $507k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $285k to $397k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Daytona Beach Good Samaritan Housing Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Lakeview Housing Authority Inc ($397k), Jefferson East Inc ($397k) and NBC Bethel USA Housing Inc Thirty- Two Bethel Towers ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Other salaries and wages came to $71k. At year end it held assets of $1.9m against liabilities of $187k, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.