House of Samuel Inc

Analysis

House of Samuel Inc is a registered charity in United States, based in Cambridge, OH. It received its IRS tax-exemption ruling in June 1975, 51 years ago. 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, House of Samuel Inc reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $794k to $1.5m (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, House of Samuel Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Management Services Inc ($1.5m), Childrens Country Week Association ($1.5m) and Harlem Tenants Association Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $283k (21% of expenses). Other salaries and wages came to $128k. At year end it held assets of $781k against liabilities of $188k, net assets of $593k. It reported 10 employees.