Samaras Village

Analysis

Samaras Village is a registered charity in United States, based in Southport, NC. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Samaras Village reported income of $252k and spending of $187k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $151k to $252k (+67%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaras Village sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Bald Peak Community Fund Inc ($252k), Happy Feet Equals Learning Feet Inc ($252k) and Ministry Center Inc ($252k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (29% of expenses). Other salaries and wages came to $25k. At year end it held assets of $245k against liabilities of $0, net assets of $245k. It reported 5 employees.