Samaritan Housing Inc
Analysis
Samaritan Housing Inc is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in March 1946, 80 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, Samaritan Housing Inc reported income of $581k and spending of $591k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $563k to $581k (+3.2%), an average of +0.8% a year. Over the whole period it spent 103% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Samaritan Housing Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within MS. Charities of a similar size with the same main cause include Madis Place Inc ($581k), Sunshine Community Housing Development Organization Inc ($581k) and D L H Low-Income Housing Inc ($581k).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $1.4m against liabilities of $2.4m, net assets of -$990k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Madis Place Inc | Edgewood | $581k |
| Sunshine Community Housing Development Organization Inc | Tampa | $581k |
| D L H Low-Income Housing Inc | Tulsa | $581k |
| Southfield Non-Profit Housing Corporation | Southfield | $582k |