Financial Information for The Somerville Foundation INC

The Somerville Foundation INC's annual revenue was $209K in tax year 2024, reported on their IRS Form 990. They spent $433K in total expenses. 97% went to programs and services.

Financial Breakdown

What is The Somerville Foundation INC's total annual expenses?

The Somerville Foundation INC spent $433K in tax year 2024, according to their IRS Form 990 filing.

How much of The Somerville Foundation INC's budget goes to programs?

The Somerville Foundation INC spent $419K (97% of expenses) on programs and services in tax year 2024.

How much does The Somerville Foundation INC spend on overhead?

The Somerville Foundation INC's overhead in tax year 2024 includes administrative (3%) and fundraising (0%) of their expenses.

What is The Somerville Foundation INC's net worth?

The Somerville Foundation INC had net assets of $157K as of the end of tax year 2024.

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View full The Somerville Foundation INC report

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.