Samaritan Colony Incorporated

Analysis

Samaritan Colony Incorporated is a registered charity in United States, based in Rockingham, NC. It received its IRS tax-exemption ruling in November 2011, 15 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, Samaritan Colony Incorporated reported income of $1.2m and spending of $894k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $768k to $1.2m (+62%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 275%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaritan Colony Incorporated sits at the 78th percentile: it is larger than about 78% 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 Urban Dreams ($1.2m), Compass Finances God S Way Inc ($1.2m) and Kangaroos Pouch Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 44% of the total. Other salaries and wages came to $379k. At year end it held assets of $3.5m against liabilities of $12k, net assets of $3.5m. It reported 9 employees.