The Samaritan House Inc

Analysis

The Samaritan House Inc is a registered charity in United States, based in Las Vegas, NM. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Samaritan House Inc reported income of $667k and spending of $668k, spending 100% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $850k to $667k (-22%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Samaritan House Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within NM. Charities of a similar size with the same main cause include Chai Corporation C/O Joseph Guttman ($667k), True Light Christian School ($667k) and Bismarck Gymnastics Academy Inc ($667k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $40k (6.1% of expenses). Other salaries and wages came to $314k. At year end it held assets of $998k against liabilities of $274k, net assets of $724k. It reported 34 employees.