Presbyterian Samaritan Counseling Center

Analysis

Presbyterian Samaritan Counseling Center is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 1974, 52 years ago. 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, Presbyterian Samaritan Counseling Center reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $903k to $1.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian Samaritan Counseling Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include St Andrews Residential Programs for Youth ($1.2m), San Francisco Boys Chorus ($1.2m) and Long Term Care Ombudsman ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $182k (14% of expenses). Other salaries and wages came to $846k. At year end it held assets of $467k against liabilities of $192k, net assets of $275k. It reported 22 employees.

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.