Good Samaritan Hospital Foundation

Analysis

Good Samaritan Hospital Foundation is a registered charity in United States, based in West Islip, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Samaritan Hospital Foundation reported income of $4.6m and spending of $797k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $4.6m (+187%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Samaritan Hospital Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Denver Islamic Education Center ($4.6m), First Rising Mt Zion Baptist Church Housing Corporation Inc ($4.6m) and FCNL Education Fund ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $13.6m against liabilities of $1.5m, net assets of $12.1m.