Global Samaritan Resources Inc

Analysis

Global Samaritan Resources Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in July 2006, 20 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, Global Samaritan Resources Inc reported income of $734k and spending of $1.1m, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $901k to $734k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 221%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Samaritan Resources Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Crosby Fund for Haitian Education Inc ($733k), Junior Achievement of Southwest Florida ($734k) and Unitas North America ($733k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $203k. At year end it held assets of $1.4m against liabilities of $28k, net assets of $1.3m. It reported 8 employees.