Good Samaritan Institute for Research and Education

Analysis

Good Samaritan Institute for Research and Education is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1987, 39 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Good Samaritan Institute for Research and Education reported income of $433k and spending of $321k, leaving 26% of income unspent that year. Across the 6 years on record, from August 2019 to September 2023, income fell from $715k to $433k (-39%), an average of -9.5% a year. The sharpest change came in the year to September 2022, when income rose by 130%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Good Samaritan Institute for Research and Education sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Muscular Dystrophy Family Foundation Inc ($433k), Lou Malnati Cancer Research Fund ($433k) and Community Wellness Collective ($433k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $258k. At year end it held assets of $665k against liabilities of $4.6m, net assets of -$4.0m. It reported 2 employees.