Tarrant County Samaritan Housing Inc

Analysis

Tarrant County Samaritan Housing Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in February 1992, 34 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 (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, Tarrant County Samaritan Housing Inc reported income of $13.7m and spending of $13.5m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $13.7m (+578%), an average of +61% a year. The sharpest change came in the year to September 2022, when income rose by 360%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tarrant County Samaritan Housing Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Pleasant View Luther Home Inc ($13.6m), Colorado Senior Residences Inc ($13.7m) and Abode Housing Development ($13.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $258k (1.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.4m against liabilities of $1.2m, net assets of $3.2m. It reported 35 employees.