Good Samaritan Minstries Ltd

Analysis

Good Samaritan Minstries Ltd is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 1986, 40 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 June 2023, Good Samaritan Minstries Ltd reported income of $3.0m and spending of $2.4m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $3.0m (+8.2%), an average of +2.7% a year. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Samaritan Minstries Ltd sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Maine Needs Inc ($3.0m), Domestic Violence Project Inc ($3.0m) and New Foundations Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $88k (3.7% of expenses). Other salaries and wages came to $469k. At year end it held assets of $7.1m against liabilities of $2.2m, net assets of $4.9m. It reported 24 employees.