Samu Foundation

Analysis

Samu Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Samu Foundation reported income of $9.0m and spending of $7.6m, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.0m to $9.0m (+353%), an average of +353% a year. The sharpest change came in the year to December 2023, when income rose by 353%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Samu Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include Mission Enablers International ($9.0m), Adventist Frontier Missions Inc ($9.1m) and Program of Academic Exchange ($8.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $273k (3.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.8m against liabilities of $2.6m, net assets of $1.2m. It reported 86 employees.