200 Club of Somerset County

Analysis

200 Club of Somerset County is a registered charity in United States, based in Somerville, NJ. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2024, 200 Club of Somerset County reported income of $112k and spending of $119k, spending 106% of what it took in. Across the 6 years on record, from October 2019 to October 2024, income fell from $173k to $112k (-35%), an average of -8.2% a year. The sharpest change came in the year to October 2020, when income dropped by 38%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 200 Club of Somerset County sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Lady Eagle Basketball Booster Club ($112k), Ardsley Community Nursery School ($112k) and Ysabel Barnett Elementary School PTO ($112k).

On its Form 990 for the period ending October 2024, revenue came from program service revenue 74% of the total. At year end it held assets of $599k against liabilities of $0, net assets of $599k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.