Somerset Area Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 47,682 | 52,801 | −5,119 | 25.1 | — |
| 2012 | 146,887 | 84,368 | 62,519 | 18.7 | — |
| 2013 | 174,834 | 138,181 | 36,653 | 14.6 | — |
| 2014 | 246,411 | 176,373 | 70,038 | 16.2 | 0% |
| 2015 | 42,387 | 51,875 | −9,488 | 13.0 | — |
| 2016 | 54,135 | 56,268 | −2,133 | 11.5 | — |
| 2017 | 62,044 | 55,084 | 6,960 | 13.3 | — |
| 2018 | 53,294 | 54,675 | −1,381 | 13.1 | — |
| 2019 | 57,300 | 49,067 | 8,233 | 16.6 | — |
| 2020 | 58,793 | 54,430 | 4,363 | 15.9 | — |
| 2021 | 50,481 | 43,892 | 6,589 | 21.5 | — |
| 2022 | 53,040 | 55,204 | −2,164 | 16.7 | — |
| 2023 | 63,296 | 57,429 | 5,867 | 17.2 | — |
In its most recent public year (2023), this organization brought in $5,867 more than it spent. Its reserves stood at about 17.2 months of spending, down from 25.1 in 2011.
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
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