Samaritan Medical Outreach Ministries Inc

Analysis

Samaritan Medical Outreach Ministries Inc is a registered charity in United States, based in Ft Worth, TX. It received its IRS tax-exemption ruling in July 1994, 32 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 December 2023, Samaritan Medical Outreach Ministries Inc reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $381k to $1.0m (+171%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Samaritan Medical Outreach Ministries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Shepherds Staff Ministries Inc ($1.0m), Wee Care Day Care Nursery Centers Inc ($1.0m) and State University of New York Polytechnic Institute Foundation I ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.