Samaritan Homevisit Physicians PC

Analysis

Samaritan Homevisit Physicians PC is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Samaritan Homevisit Physicians PC reported income of $1.5m and spending of $1.8m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $1.5m (+2187%), an average of +119% a year. The sharpest change came in the year to December 2020, when income rose by 1666%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaritan Homevisit Physicians PC sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Child Care Partners Initiative ($1.5m), Southeast Texas Hospice ($1.5m) and Kaleidoscope Adult Day Program ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $473k against liabilities of $1.0m, net assets of -$571k.