Samaritan Inn Inc

Analysis

Samaritan Inn Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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 September 2023, Samaritan Inn Inc reported income of $7.6m and spending of $8.2m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.5m to $7.6m (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2021, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Samaritan Inn Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Wonderspring ($7.6m), Diocesan Council of Orlando ($7.6m) and C B King Memorial School Inc ($7.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $246k (3.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $11.5m against liabilities of $887k, net assets of $10.7m. It reported 77 employees.