Financial Information for Somerset County Foundation INC

Somerset County Foundation INC's annual revenue was $255K in tax year 2024, reported on their IRS Form 990. They spent $82K in total expenses. 79% went to programs and services.

Financial Breakdown

What is Somerset County Foundation INC's total annual expenses?

Somerset County Foundation INC spent $82K in tax year 2024, according to their IRS Form 990 filing.

How much of Somerset County Foundation INC's budget goes to programs?

Somerset County Foundation INC spent $65K (79% of expenses) on programs and services in tax year 2024.

How much does Somerset County Foundation INC spend on overhead?

Somerset County Foundation INC's overhead in tax year 2024 includes administrative (21%) and fundraising (0%) of their expenses.

What is Somerset County Foundation INC's net worth?

Somerset County Foundation INC had net assets of $248K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.