Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $4,466,372

• 1e · Government grants (contributions)

  $47,860,166

• 1f · All other contributions, gifts and grants

  $1,240,430,930

• 1g · Noncash contributions included above

  $312,065,457

• 2a · Program service revenue: BGEA SHARED SERVICES

  total $3,348,976 · related or exempt $3,348,976

• 3 · Investment income

  total $15,153,250 · excluded $15,153,250

• 5 · Royalties

  total $43 · excluded $43

• 7a · Gross sales of assets other than inventory

  securities $179,254,117 · other assets $3,237,224

• 7b · Less cost or other basis and sales expenses

  securities $181,710,520 · other assets $3,001,807

• 7c · Gain or loss

  securities -$2,456,403 · other assets $235,417

• 7d · Net gain or loss

  total -$2,220,986 · excluded -$2,220,986

• 10a · Gross sales of inventory

  $5,656,945

• 10b · Cost of goods sold

  $5,622,391

• 10c · Net income from sales of inventory

  total $34,554 · related or exempt $34,554

• 11a · Other revenue: INHERENT CONTRIBUTION

  total $3,250,959 · related or exempt $3,250,959

• 11b · Other revenue: DISCOUNTS/OTHER

  total $112,558 · related or exempt $112,558

• 11c · Other revenue: DOCUMENTARY REVENUE

  total $8,979 · related or exempt $8,979

• 11e · Other revenue, total

  $3,372,496

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $19,332,963 · program services $19,332,963

• 2 · Grants to domestic individuals

  total $353,163 · program services $353,163

• 3 · Grants to foreign organizations and individuals

  total $355,415,382 · program services $355,415,382

• 5 · Compensation of officers, directors and key employees

  total $3,454,607 · program services $1,552,612 · management and general $1,198,584 · fundraising $703,411

• 6 · Compensation of disqualified persons

  total $977,313 · program services $661,105 · management and general $136,140 · fundraising $180,068

• 7 · Other salaries and wages

  total $150,745,534 · program services $100,638,080 · management and general $29,529,523 · fundraising $20,577,931

• 8 · Pension plan contributions

  total $6,786,239 · program services $3,663,088 · management and general $1,830,876 · fundraising $1,292,275

• 9 · Other employee benefits

  total $36,767,184 · program services $25,092,764 · management and general $6,989,496 · fundraising $4,684,924

• 10 · Payroll taxes

  total $9,090,222 · program services $5,336,833 · management and general $2,211,091 · fundraising $1,542,298

• 11b · Fees: legal

  total $897,795 · program services $354,529 · management and general $543,171 · fundraising $95

• 11c · Fees: accounting

  total $326,509 · program services $215,996 · management and general $110,419 · fundraising $94

• 11g · Fees: other

  total $25,017,127 · program services $17,544,564 · management and general $5,039,031 · fundraising $2,433,532

• 12 · Advertising and promotion

  total $26,307,274 · program services $10,806,250 · management and general $889,520 · fundraising $14,611,504

• 13 · Office expenses

  total $31,728,757 · program services $17,024,243 · management and general $2,734,418 · fundraising $11,970,096

• 14 · Information technology

  total $4,745,151 · program services $1,123,850 · management and general $3,618,389 · fundraising $2,912

• 15 · Royalties

  total $225,300 · program services $225,300

• 16 · Occupancy

  total $23,825,984 · program services $14,220,359 · management and general $8,154,194 · fundraising $1,451,431

• 17 · Travel

  total $57,427,114 · program services $50,807,711 · management and general $3,033,963 · fundraising $3,585,440

• 19 · Conferences, conventions and meetings

  total $3,150,839 · program services $2,355,463 · management and general $22,641 · fundraising $772,735

• 20 · Interest

  total $17 · program services $17

• 22 · Depreciation, depletion and amortization

  total $28,284,578 · program services $18,602,953 · management and general $5,270,347 · fundraising $4,411,278

• 23 · Insurance

  total $523,076 · program services $282,461 · management and general $130,769 · fundraising $109,846

• 24a · Other expenses: PROJECT MTLS/SUPPLIES-VAR

  total $110,228,455 · program services $110,118,646 · management and general $67,145 · fundraising $42,664

• 24b · Other expenses: TRANSPT-RELIEF/OTHR MTLS

  total $37,251,059 · program services $37,179,582 · management and general $17,788 · fundraising $53,689

• 24c · Other expenses: CONSTRUCTION PROGRAM MTLS

  total $20,770,429 · program services $20,743,839 · management and general $4,785 · fundraising $21,805

• 24d · Other expenses: BIBLES/EVANGELISTIC MTLS

  total $16,594,121 · program services $16,297,383 · management and general $187,685 · fundraising $109,053

• 24e · All other expenses

  total $11,259,189 · program services $10,347,209 · management and general $652,318 · fundraising $259,662

• 26 · Joint costs (an allocation of the lines above)

  total $24,100,455 · program services $8,217,888 · management and general $522,095 · fundraising $15,360,472

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $569,985,198 · end of year $762,116,961

• 2 · Savings and temporary cash investments

  beginning of year $205,999 · end of year $206,197

• 3 · Pledges and grants receivable

  beginning of year $11,308,974 · end of year $9,167,140

• 4 · Accounts receivable

  beginning of year $3,807,830 · end of year $6,654,370

• 8 · Inventories for sale or use

  beginning of year $55,236,612 · end of year $60,670,769

• 9 · Prepaid expenses and deferred charges

  beginning of year $13,207,988 · end of year $13,425,830

• 10a · Land, buildings and equipment: cost or other basis

  $483,312,836

• 10b · Land, buildings and equipment: accumulated depreciation

  $202,437,633

• 10c · Land, buildings and equipment, net

  beginning of year $260,074,699 · end of year $280,875,203

• 11 · Investments: publicly traded securities

  beginning of year $386,255,700 · end of year $495,179,606

• 15 · Other assets

  beginning of year $6,467,863 · end of year $6,903,379

• 17 · Accounts payable and accrued expenses

  beginning of year $51,722,504 · end of year $67,123,421

• 25 · Other liabilities

  beginning of year $32,227,449 · end of year $38,665,415

• 27 · Net assets without donor restrictions

  beginning of year $832,369,904 · end of year $997,741,402

• 28 · Net assets with donor restrictions

  beginning of year $390,231,006 · end of year $531,669,217

The filer's explanations (Part III)

SCHEDULE J, PART III

PART I, LINE 1A - FRINGE OR EXPENSE EXPLANATION: CHARTER TRAVEL (MINISTRY-OWNED AIRCRAFT, OTHER MISSIONARY AVIATION, AND CHARTER TRIPS): SAMARITAN'S PURSE PROVIDES CHARTER TRAVEL VIA THE USE OF MINISTRY-OWNED AIRCRAFT BASED IN KENYA, LIBERIA, AND THE UNITED STATES (ALASKA AND NORTH CAROLINA), TO PERFORM ITS EVANGELISM AND RELIEF PROGRAMS; AS WELL AS CHARTER FLIGHTS PROVIDED BY OTHER MISSIONARY AVIATION MINISTRIES OR PRIVATE CHARTERS TO CARRY OUT RELIEF AND MINISTRY PROGRAMS. THESE AIRCRAFT TRANSPORT LISTED PERSONS, AND OTHER PERSONS, IN PERFORMANCE OF MINISTRY PROGRAMS, OFTEN IN AREAS NOT SERVED BY COMMERCIAL AIR TRANSPORTATION. ANY PERSONAL USE AND THE RELATED BENEFIT AMOUNT WAS REPORTED AS TAXABLE COMPENSATION PER IRS REGULATIONS. LISTED PERSONS FLOWN ON CHARTER FLIGHTS WERE AS FOLLOWS: EIGHT BOARD MEMBERS, ONE OFFICER, THREE KEY EMPLOYEES, AND TWO HIGHER COMPENSATED EMPLOYEES TRAVELED IN MINISTRY-OWNED OR CHARTERED AIRCRAFT FOR MINISTRY PURPOSES. PORTIONS OF TWO BOARD MEMBERS' TRIPS WERE PERSONAL. VALUE OF TRAVEL EXPENSES WERE IMPUTED TO AND REPORTED AS TAXABLE INCOME. TRAVEL FOR SPOUSE AND/OR OTHER FAMILY MEMBER(S): AS A CHRISTIAN MINISTRY, WE BELIEVE THAT MARRIAGE, BETWEEN ONE MAN AND ONE WOMAN, WAS CREATED BY GOD (GENESIS 2:24, MATTHEW 19:4-6). WE ALSO BELIEVE THAT MARRIAGE AND THE FAMILY PROVIDE A MEANS TO GLORIFY AND SERVE GOD. THE SIGNIFICANCE OF GOD'S DESIGN FOR MARRIAGE IS DISPLAYED THROUGH THE SCRIPTURAL COMPARISON OF THE RELATIONSHIP BETWEEN HUSBAND AND WIFE TO THE RELATIONSHIP BETWEEN CHRIST AND THE CHURCH (EPHESIANS 5:22-27, REVELATION 21:2, 21:9). SAMARITAN'S PURSE ACKNOWLEDGES THE UNIQUE, DISTINCT, AND ELEVATED ROLE OF MARRIAGE AND THE FAMILY, AND WE DESIRE TO AFFIRM GOD'S DESIGN FOR MARRIAGE AND THE FAMILY AS IT PERTAINS TO CARRYING OUT OUR MISSION AND MINISTRY (MATTHEW 5:14-16). THE BOARD OF DIRECTORS FURTHER RECOGNIZES THAT SPOUSES AND OTHER FAMILY MEMBERS ARE OFTEN PASSIONATE AMBASSADORS AND MINISTRY PARTNERS WHOSE FAMILIARITY, SUPPORT, AND DIRECT INVOLVEMENT CAN EXPAND THE IMPACT OF OUR MISSION AND PURPOSES OF FURTHERING THE GOSPEL OF JESUS CHRIST (ACTS 1:8). MANAGEMENT HAS IMPLEMENTED THE BOARD'S RECOMMENDATION TO ACTIVELY CULTIVATE THE INVOLVEMENT OF SPOUSES AND OTHER FAMILY MEMBERS OF BOARD MEMBERS AND STAFF IN MINISTRY ACTIVITY, THROUGH VOLUNTEER SERVICES, TRAINING, DISCIPLESHIP, PRAYER, SHARING THE STORY OF OUR WORK, DEVELOPMENT, AND OTHER MINISTRY ACTIVITIES. TRAVEL BY A SPOUSE AND/OR OTHER FAMILY MEMBER(S) WAS FOR VOLUNTEERING ON MINISTRY PROJECTS. THE TRAVEL RESULTED IN MINIMAL, IF ANY, ADDITIONAL EXPENSE TO THE MINISTRY. LISTED PERSONS WITH TRAVEL BY A SPOUSE AND/OR OTHER FAMILY MEMBER(S) ON MINISTRY ACTIVITY WERE AS FOLLOWS: EIGHT BOARD MEMBERS, ONE OFFICER, TWO KEY EMPLOYEES, AND ONE HIGHER COMPENSATED EMPLOYEE HAD TRAVEL BY A SPOUSE AND/OR OTHER FAMILY MEMBER(S) ON MINISTRY ACTIVITY. TWO BOARD MEMBERS AND TWO OFFICERS HAD TRAVEL BY A SPOUSE AND/OR OTHER FAMILY MEMBER(S) NOT ON MINISTRY ACTIVITY. VALUE OF TRAVEL EXPENSES WERE IMPUTED TO AND REPORTED AS TAXABLE INCOME. THE BOARD OF DIRECTORS ADOPTED A POLICY REGARDING THE PRESIDENT/CEO'S TRAVEL FOR FAMILY MEMBERS THAT INCLUDES REPORTING ANY PERSONAL USE AS TAXABLE COMPENSATION. ALSO, THE COMPENSATION COMMITTEE HAS ESTABLISHED A GUIDELINE ON THE MAXIMUM AMOUNT THAT MAY BE INCURRED BY THE PRESIDENT/CEO FOR PERSONAL USE. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: FORTY YEARS OF SERVICE AWARD: THE BOARD OF DIRECTORS HAS ADOPTED A POLICY WHERE QUALIFYING EMPLOYEES WHO HAVE FAITHFULLY SERVED THE MINISTRY FOR FORTY YEARS, WILL RECEIVE COMPLIMENTARY MEALS IN THE DINING ROOMS OF SAMARITAN'S PURSE UNTIL RETIREMENT. THE VALUE OF THESE MEALS IS REPORTED AS TAXABLE COMPENSATION AND INCLUDED IN THE ANNUAL REASONABLENESS COMPENSATION REVIEW BY THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE HAS ALSO ESTABLISHED A GUIDELINE ON THE MAXIMUM AMOUNT THAT MAY BE INCURRED ANNUALLY PER EMPLOYEE. ONE BOARD MEMBER RECEIVED A TAXABLE BENEFIT GROSS-UP PAYMENT PERTAINING TO THE FORTY YEARS OF SERVICE AWARD. PERSONAL SERVICES: THE BOARD OF DIRECTORS HAS ADOPTED A POLICY THAT PROVIDES MAINTENANCE AND BOOKKEEPING SERVICES TO THE PRESIDENT/CEO. THE VALUE OF THESE SERVICES IS REPORTED AS TAXABLE COMPENSATION AND INCLUDED IN THE ANNUAL REASONABLENESS COMPENSATION REVIEW BY THE COMPENSATION COMMITTEE.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER UNITRUST (8)

  TRUST · TRUST · NC · controlled entity

• CHARITABLE REMAINDER UNITRUST (1)

  TRUST · TRUST · NC

  Directly controlled by NA