Samaritan Center Inc

Analysis

Samaritan Center Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in May 1974, 52 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 2023, Samaritan Center Inc reported income of $936k and spending of $1.2m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $936k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaritan Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Family and Child Treatment of Southern Nevada ($936k), Porch Chapel Hill-Carrboro ($936k) and Kids in Distress Services Inc ($936k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $110k (9.3% of expenses). Other salaries and wages came to $721k. At year end it held assets of $1.3m against liabilities of $15k, net assets of $1.3m. It reported 15 employees.