Somerset County 4h Association

Analysis

Somerset County 4h Association is a registered charity in United States, based in Bridgewater, NJ. It received its IRS tax-exemption ruling in November 1964, 62 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Somerset County 4h Association reported income of $395k and spending of $423k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $535k to $395k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Somerset County 4h Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Girls Incorporated of the Washington DC Metropolitan Area ($395k), Mentor Greater Milwaukee Inc ($395k) and Pagosa Community Initiative ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 39% of the total. Other salaries and wages came to $21k. At year end it held assets of $1.2m against liabilities of $279k, net assets of $923k. It reported 4 employees.