Samaritan Fund NP

Analysis

Samaritan Fund NP is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Samaritan Fund NP reported income of $4.1m and spending of $4.4m, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $852k to $4.1m (+384%), an average of +384% a year. The sharpest change came in the year to December 2023, when income rose by 384%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Samaritan Fund NP sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Stony Brook Radiation Oncology University Faculty Practice Corp ($4.1m), The Amaad Institute ($4.1m) and Indiana Total Therapy Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $2.0m against liabilities of $1.9m, net assets of $60k. It reported 1 employees.