Sam Inc

Analysis

Sam Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Sam Inc reported income of $3.4m and spending of $1.4m, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.4m (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 48% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Sam Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Jumpstart ($3.4m), True Colors United Inc ($3.4m) and Public Interest Legal Foundation Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $138k (9.7% of expenses). Other salaries and wages came to $454k. At year end it held assets of $9.0m against liabilities of $3,439, net assets of $9.0m. It reported 10 employees.