New Samaritan Parkville Inc

Analysis

New Samaritan Parkville Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, New Samaritan Parkville Inc reported income of $4.9m and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $1.5m to $4.9m (+230%), an average of +230% a year. The sharpest change came in the year to September 2023, when income rose by 230%. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Samaritan Parkville Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Greccio Housing Unlimited Inc ($4.9m), Savin Rock Communities Inc ($4.9m) and Wyndham ($4.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9.3m against liabilities of $2.9m, net assets of $6.4m.