Somerset Hills Mountaineers

Analysis

Somerset Hills Mountaineers is a registered charity in United States, based in Bernardsville, NJ. It received its IRS tax-exemption ruling in April 2016, 10 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, Somerset Hills Mountaineers reported income of $96k and spending of $103k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $18k to $96k (+438%), an average of +75% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Somerset Hills Mountaineers sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Christmas Cheer of Fulton County ($96k), Rotary Club of Cayucos-Seaside Foundation ($96k) and California Educators of the Deaf ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.