990 Scout/ Sommerset Place/ Financials

Financial Information for Sommerset Place

Sommerset Place's annual revenue was $418K in tax year 2024, reported on their IRS Form 990. They spent $437K in total expenses. 92% went to programs and services.

Financial Breakdown

What is Sommerset Place's total annual expenses?

Sommerset Place spent $437K in tax year 2024, according to their IRS Form 990 filing.

How much of Sommerset Place's budget goes to programs?

Sommerset Place spent $401K (92% of expenses) on programs and services in tax year 2024.

How much does Sommerset Place spend on overhead?

Sommerset Place's overhead in tax year 2024 includes administrative (8%) and fundraising (0%) of their expenses.

What is Sommerset Place's net worth?

Sommerset Place had net assets of $463K 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.