Samaritan House Inc

Analysis

Samaritan House Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Samaritan House Inc reported income of $367k and spending of $461k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $265k to $367k (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Samaritan House Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include National Church Residences of ($367k), Delatour Housing Development Fund Company Inc ($367k) and Chassa Sawyer Gardens Inc ($367k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $79k (17% of expenses). Other salaries and wages came to $230k. At year end it held assets of $512k against liabilities of $8,147, net assets of $504k. It reported 15 employees.