Samaritans 365 Foundation Inc

Analysis

Samaritans 365 Foundation Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 July 2023, Samaritans 365 Foundation Inc reported income of $249k and spending of $226k, spending 90% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $138k to $249k (+80%), an average of +16% a year. The sharpest change came in the year to July 2021, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Samaritans 365 Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include True Impact Outdoors Inc ($249k), Shenval Swarm ($250k) and Montague County Youth Fair ($249k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $68k (30% of expenses). Other salaries and wages came to $29k. At year end it held assets of $199k against liabilities of $7,045, net assets of $192k. It reported 2 employees.