Samaritan's Purse, Organizations
Standing
Concerns Institutional Wealth or Finances
Currently States Samaritan's Purse, the Christian relief organization led by Franklin Graham, reported total revenue of over 1 billion dollars and total spending of about 715 million dollars for its 2021 fiscal year, ending the year with net assets exceeding 1.2 billion dollars, nearly half of it held in cash and cash equivalents, following a 2020 fiscal year in which it reported 894 million dollars in revenue against 670 million dollars in spending, a surplus of about 224 million dollars. These figures, drawn from the organization's own IRS Form 990 filings, were reported and contextualized by The Roys Report, a religion-accountability news outlet, in a 29 June 2022 article by Sarah Einselen.
Two camps read the same filed numbers differently. The Roys Report's investigative account frames the scale of Samaritan's Purse's accumulated surplus and reserves, over 1.2 billion dollars in net assets against roughly 715 million dollars in annual spending, as a red flag worth public scrutiny for a relief charity funded by disaster-response appeals. Samaritan's Purse itself, through chief operating officer Ron Wilcox quoted in the same piece, holds that large reserves reflect responsible stewardship for a global relief operation that may work in a disaster region for years or decades, and that the three to six month operating reserve standard suited to other nonprofits would be irresponsible for its mission. Both camps agree on the underlying Form 990 figures; they disagree on whether the reserve level itself is a defensible operating posture or an accountability concern.
Source Samaritan's Purse Amasses Over $1 Billion in Assets, Raising Red Flags (The Roys Report, 2022), Sarah Einselen