Samaritan Health Services Inc

Analysis

Samaritan Health Services Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Samaritan Health Services Inc reported income of $335.0m and spending of $355.9m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $231.0m to $335.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samaritan Health Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include Illinois Network of Child Care Resource and Referral Agencies ($330.5m), Youth Villages Inc ($342.2m) and Community Assistance Resources & Extended Services Inc ($325.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $10.6m (3.0% of expenses). Other salaries and wages came to $109.7m. It paid $30k in professional fundraising fees. At year end it held assets of $311.8m against liabilities of $289.3m, net assets of $22.5m. It reported 1,597 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.