Somerset Community Action Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,815,532 | 4,820,246 | −4,714 | 4.7 | 39% |
| 2012 | 4,805,932 | 4,817,297 | −11,365 | 4.6 | 42% |
| 2013 | 5,675,440 | 5,654,476 | 20,964 | 4.0 | 36% |
| 2014 | 4,839,668 | 4,954,043 | −114,375 | 4.3 | 38% |
| 2015 | 1,651,652 | 1,787,547 | −135,895 | 11.0 | 33% |
| 2016 | −427,599 | 1,059,668 | −1,487,267 | 1.7 | 34% |
| 2017 | 908,435 | 970,655 | −62,220 | 1.0 | 41% |
| 2018 | 905,911 | 960,065 | −54,154 | 0.4 | 49% |
| 2019 | 1,028,450 | 1,121,839 | −93,389 | -0.7 | 47% |
| 2020 | 992,909 | 744,942 | 247,967 | 3.0 | 49% |
| 2021 | 1,016,595 | 1,118,405 | −101,810 | 0.9 | 35% |
| 2022 | 1,497,212 | 1,466,572 | 30,640 | 0.9 | 42% |
| 2023 | 2,001,624 | 2,030,550 | −28,926 | 0.5 | 43% |
In its most recent public year (2023), this organization spent $28,926 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 4.7 in 2011. Staff pay was 43% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Somerset Community Action Program's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works