Samuels House Inc

Analysis

Samuels House Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in December 1999, 27 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 December 2022, Samuels House Inc reported income of $1.5m and spending of $1.1m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.6m to $1.5m (-3.8%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samuels House Inc 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 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Downtown Ithaca Local Development Corporation ($1.5m), Better Beginnings Day Care Center of East Windsor Hightstown Inc ($1.5m) and Oak Mountain Mission Ministries Inc ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 30% of the total. Other salaries and wages came to $412k. At year end it held assets of $2.2m against liabilities of $22k, net assets of $2.2m. It reported 19 employees.