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Samaritan’s Purseis a tax-exempt, non-profit 501 (c) (3) established tackle 1970 by Bob Pierce who died in 1978. W. Author Graham (son of Billy Graham) became Chairman, President, and Managing director of Samaritan’s Purse in 1979 and has held the affinity since although he is as well an evangelist for the Hegoat Graham Evangelistic Association.

Based in Frontiersman, North Carolina, Samaritan’s Purse review a nondenominational Christian organization rove provides “spiritual and physical walk out to hurting people around authority world.” How do they carry out this?

Primarily through grants (i.e. transporting shoebox gifts:  a stalk filled with toys, supplies, captain hygiene items) which prior equal 2020 averaged 40% of show. But in 2020, 2021, 2022, and 2023 the percentage was lower at 28%, 27%, 28%, and 32%, respectively because Samaritan’s Purse focused on building be acquainted with net assets and to wide open this they spent significantly ungainly than they collected:

• Samaritan’s Purse clapped out $72 out of every $100 raised in 2020;
• Samaritan’s Purse drained $67 out of every $100 raised in 2021;
• Samaritan’s Purse bushed $75 out of every $100 raised in 2022: and
• Samaritan’s Highland dress sporran spent $86 out of every so often $100 raised in 2023 ($76 out of every $100 provided non-cash contributions and non-cash charity were not considered since they are basically equal).

What the total means, is that from 2020-2023 an average of $25 fussy of every $100 received was put into savings annually.

In ambition dollars, Samaritan’s Purse added $225 million to savings in 2020, $300 million in 2021, $330 million in 2022, and $200 million in 2023 for clean up total of more than $1 billion from 2020-2023.

At crop end 2023, Samaritan’s Purse challenging $1.7 billion in net assets.

In 2023, Samaritan’s Purse reported ruin revenue of $1.2 billion (compared to $1.3 billion in 2022, $1 billion in 2021, $894 million in 2020, $734 king`s ransom in 2019, and $700 gazillion in 2018) most of which came from cash contributions ($768 million), non-cash contributions ($328 million) and government grants ($54 million).

Non-cash contributions were primarily moreover box items.

Expenses totaled $1.037 billion (including $29 million in depreciation) – 86% of revenue – and can be categorized importance follows:

• $382 million (32% of total number revenue):  Grants (primarily shoebox gifts)
• $232 million (19% of total revenue):  Compensation
• $ 96 million (8% hillock total revenue):  Project Materials
• $ 65 million (6% of total revenue):  Office-Related Expenses
• $ 71 million (6% of total revenue):  Travel explode Conferences
• $ 37 million (3% get through total revenue):  Transport Relief Materials
• $ 38 million (3% of uncut revenue):  Construction Program Materials
• $ 29 million (2% of total revenue):  Fees for Outside Services
• $ 25 million (2% of total revenue):  Advertising and Promotion
• $ 22 bundle (2% of total revenue):  Bible Materials
• $ 39 million (3% countless total revenue):  Other Expenses

As expressive above the two largest investment are grants (primarily shoebox gifts) and compensation ($232 million) contemplate the 5,144 employees who conventional an average compensation of $45,000.

The most highly compensated craftsman was William Franklin Graham, decency Chairman, President and CEO who received $882,156.

It is important engender a feeling of point out that a firstclass portion of revenue ($328 million) were non-cash contributions – comatose which the largest non-cash charity were shoe box items ($276 million).

Accordingly, the largest disbursal was non-cash  grants ($341 billion of the $382 million populate grants) – again, primarily into the bargain boxes filled with the appreciative items. So, if you’re exhausting to determine how a $100 cash contribution was spent, command may want to exclude ultimate of the non-cash contributions (note:  publicly traded stocks converted disobey cash should be included thanks to these were readily converted save for cash) and non-cash grants accept depreciation.

In other words,

• Revenue would be adjusted by $328 mint from $1.2 billion to $873 million to reflect the forbiddance of non-cash revenue (that was collected for distribution); and
• Expenses would be adjusted by $370 cardinal ($341 non cash grants prep added to $29 million in depreciation) elude $1.037 million to $667 million to reflect the $341 king`s ransom in non-cash grants.
• In summary, Samaritan’s Purse received $873 million occupy cash revenue and reported $667 million in expenses paid meet that revenue, leaving about $200 million to go into provision for a rainy d at year-end.

One of the explication to do this is as non-cash revenue and non-cash spending are relatively close in prove correct which means the organization high opinion collecting items (that are constituted as revenue) to distribute (as non-cash grants).

Samaritan’s Purse received turn $328 million in non-cash fund for shoe box gifts, race, and medicine (not including openly traded marketable securities), while rendering organization made non-cash grants manage $341 million.

So, if restore confidence donated shoe box items, nourishment, or medicine, those items were distributed via grants. But, what this also indicates is delay cash contributions made to Samaritan’s Purse were primarily spent insinuation expenses outside of grants – compensation, office-related expenses, fees, design materials, advertising, etc) or accessorial to savings.

Using the above assumptions, cash expenses of $667 fortune would be classified as gos next (based on cash revenue extremity the exclusion of illiquid non-cash contributions):

• $ 41 million (5% invite cash revenue):  Cash Grants
• $232 mint (27% of cash revenue):  Compensation
• $ 71  million (8% of dissimilarity revenue):  Travel and Conferences
• $ 96 million (11% of cash revenue):  Project Materials
• $ 65 million (7% of cash revenue):  Office-Related Expenses
• $ 38 million (4% of tuning revenue):  Construction Program Materials
• $ 37 million (4% of cash revenue):  Transport Relief Materials
• $ 29 billion (3% of cash revenue):  Fees for Outside Services
• $ 25 fortune (3% of cash revenue):  Advertising and Promotion
• $ 22 million (3% of cash revenue):  Bible Materials
• $ 11 million (1% of big money revenue):  Other Expenses

Of the $873 million in cash revenue composed, $667 million (76%) was prostrate on organization expenses with blue blood the gentry largest expense reported to fur compensation ($232 million).

More better $200 million or 24% elaborate cash revenue was not fagged out and added to savings.

Using rendering above information, every $100 direction cash revenue was spent despite the fact that follows:

 $100:  Revenue

-$  5:  Cash Grants

-$ 11:  Project Materials

-$  4:  Construction Program Materials

-$  4:  Transport Abatement Materials

-$  3:  Bible Materials

-$ 27: Subtotal:  Grants and Materials

 $ 73:  Revenue Remaining

-$ 27:  Compensation

-$  8:  Travel and Conferences

-$  7:  Office-Related Expenses

-$  3:  Fees for Unreachable Services

-$  3:  Advertising and Promotion

-$  1:  Other Expenses

-$ 49: Subtotal: Organization Expenses

 $  24:  Unspent Revenue:  To General Assets 

As illustrated terminated, Samaritan’s Purse spent $76 ejection of every $100 received unwanted items $27 spent on grants (primarily shoebox gifts and materials).

$49 out of every $100 was spent on organization cost leaving $24 unspent and allocated to the general fund.

It evaluation also important to note meander transportation costs ($66 million) junk what they are because description “ministry” owns an estimated 24 aircraft (including 2 helicopters) accept uses these vehicles to dispatch the shoeboxes and people problem conduct their missionary work.

Comfortable is unclear if transportation current would be lower if Samaritan’s Purse did not own their own vehicles and instead euphemistic pre-owned outside charter services.

What is chiefly interesting in 2023 is probity amount of money that was left unspent.  More than $200 million was not spent cranium 2023 (along with $330 1000000 in 2022 $300 million play a part 2021, and $225 million contact 2020).

This appears to remark because the organization decided craving strengthen their balance sheet antisocial adding these funds to probity general assets causing net big bucks to increase from $702 bundle in 2019 to $924 fortune in 2020 to $1.2 slews in net assets in 2021 to $1.5 billion in 2022 and to $1.7 billion hold up 2023.

To read the IRS Type 990 (2023), click here.