Somebody Cares

Analysis

Somebody Cares is a registered charity in United States, based in Whiting, NJ. It received its IRS tax-exemption ruling in February 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Somebody Cares reported income of $207k and spending of $167k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $207k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Somebody Cares sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include LA Verne Parent Participation Preschool Inc ($207k), Facility Committee ($207k) and Little League Baseball Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $14k (8.2% of expenses). At year end it held assets of $455k against liabilities of $678, net assets of $454k.