Executive Compensation at Samaritan’s Purse (2021)

Samaritan’s Purse is a tax-exempt, non-profit 501 (c) (3) established in 1970 by Bob Pierce who died in 1978. W. Franklin Graham (son of Billy Graham) became Chairman, President, and CEO of Samaritan’s Purse in 1979 and has held the position since although he is also an evangelist for the Billy Graham Evangelistic Association.

Based in Boone, North Carolina, Samaritan’s Purse is a nondenominational Christian organization that provides “spiritual and physical aid to hurting people around the world.”  How do they do this?  Primarily through grants (i.e. transporting shoebox gifts:  a box filled with toys, supplies, and hygiene items) which for the past few years average 27% of revenue because Samaritan’s Purse focused on building up net assets and to do this they spent significantly less than they collected:  Samaritan’s Purse only spent $67 out of every $100 raised but in actual dollars (meaning non-cash contributions and non-cash grants which are almost exactly the same amount), Samaritan’s Purse only spent $59 out of every $100 in cash raised which means the organizations added $300 million to savings in 2021 (note:  in 2020, Samaritan’s Purse added about $224 million to savings) which had $1.2 billion in net assets at year-end 2021. Read more