Samadhi Center Inc

Analysis

Samadhi Center Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Samadhi Center Inc reported income of $3.0m and spending of $2.6m, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $167k to $3.0m (+1688%), an average of +162% a year. The sharpest change came in the year to December 2021, when income rose by 283%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Samadhi Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Caps International Inc ($3.0m), Far West Texas & Southern N M Trauma Regional Advisory Council ($3.0m) and Retina Research Foundation Permanent Endowment Fund ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $162k (6.2% of expenses). Other salaries and wages came to $755k. At year end it held assets of $2.2m against liabilities of $1.7m, net assets of $469k. It reported 10 employees.