The Somebody Cares Foundation

Analysis

The Somebody Cares Foundation is a registered charity in United States, based in Whiting, NJ. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Somebody Cares Foundation reported income of $57k and spending of $166k, spending 294% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $76k to $57k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income dropped by 113%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Somebody Cares Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include White Barn ($57k), Family Resource Network of the Panhandle Inc ($57k) and United Craftsmen Children S Shoe Drive Inc ($57k).

At year end it held assets of $2.6m against liabilities of $15k, net assets of $2.6m.