Good Samaritan Village Inc

Analysis

Good Samaritan Village Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Good Samaritan Village Inc reported income of $394k and spending of $425k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $346k to $394k (+14%), an average of +3.3% a year. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Good Samaritan Village Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Hearne House Inc ($394k), Community Compassion Yellville ($394k) and Volunteers of America Inc ($393k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $60k. At year end it held assets of $1.0m against liabilities of $2.2m, net assets of -$1.1m.

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.