Somerset Christian School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,334,108 | 1,478,831 | −144,723 | 75.7 | 49% |
| 2012 | 1,325,190 | 1,510,573 | −185,383 | 72.7 | 53% |
| 2013 | 1,316,264 | 1,507,176 | −190,912 | 71.3 | 45% |
| 2014 | 1,791,556 | 1,750,007 | 41,549 | 61.8 | 44% |
| 2015 | 1,470,217 | 1,796,906 | −326,689 | 58.0 | 48% |
| 2016 | 1,351,476 | 1,756,258 | −404,782 | 56.2 | 51% |
| 2017 | 1,411,347 | 1,662,825 | −251,478 | 58.8 | 53% |
| 2018 | 1,714,401 | 1,809,560 | −95,159 | 53.4 | 44% |
| 2019 | 1,735,088 | 1,899,399 | −164,311 | 49.8 | 48% |
| 2020 | 1,376,993 | 1,515,013 | −138,020 | 62.0 | 45% |
| 2021 | 1,616,129 | 2,008,940 | −392,811 | 44.4 | 48% |
| 2022 | 2,494,144 | 2,636,613 | −142,469 | 33.2 | 47% |
| 2023 | 2,626,916 | 2,860,645 | −233,729 | 29.6 | 48% |
| 2024 | 3,469,658 | 3,266,812 | 202,846 | 26.7 | 49% |
In its most recent public year (2024), this organization brought in $202,846 more than it spent. Its reserves stood at about 26.7 months of spending, down from 75.7 in 2011. Staff pay was 49% 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 2024. 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 Christian School's IRS filings as a feed — one entry per filing year, through 2024. 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