Somerset Recreation Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 145,509 | 181,424 | −35,915 | 6.0 | — |
| 2011 | 155,401 | 177,120 | −21,719 | 4.7 | — |
| 2012 | 168,206 | 170,039 | −1,833 | 4.7 | — |
| 2013 | 145,804 | 152,296 | −6,492 | 4.8 | — |
| 2014 | 158,662 | 151,935 | 6,727 | 5.3 | — |
| 2015 | 149,572 | 151,465 | −1,893 | 5.2 | — |
| 2016 | 175,560 | 163,796 | 11,764 | 5.6 | — |
| 2017 | 201,290 | 158,951 | 42,339 | 8.1 | 29% |
| 2018 | 235,429 | 169,718 | 65,711 | 12.3 | 32% |
| 2019 | 207,207 | 181,913 | 25,294 | 15.8 | 40% |
| 2020 | 175,487 | 157,384 | 18,103 | 16.7 | 36% |
| 2021 | 379,948 | 257,398 | 122,550 | 15.9 | 27% |
| 2022 | 437,922 | 304,472 | 133,450 | 18.7 | 28% |
| 2023 | 452,329 | 309,255 | 143,074 | 24.0 | 33% |
In its most recent public year (2023), this organization brought in $143,074 more than it spent. Its reserves stood at about 24 months of spending, up from 6 in 2010. Staff pay was 33% 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 Recreation Club'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