Good Samaritan Ministries & Thrift Store

Analysis

Good Samaritan Ministries & Thrift Store is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Good Samaritan Ministries & Thrift Store reported income of $2.4m and spending of $1.8m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.4m (+46%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Samaritan Ministries & Thrift Store sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within MT. Charities of a similar size with the same main cause include Suffolk Community College Foundation Inc ($2.4m), National Church Residences ($2.4m) and Summech Community Development Corporation Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $80k (4.5% of expenses). Other salaries and wages came to $805k. At year end it held assets of $3.4m against liabilities of $271k, net assets of $3.1m. It reported 91 employees.