Childrens Aid Home and Society of Somerset County

Analysis

Childrens Aid Home and Society of Somerset County is a registered charity in United States, based in Somerset, PA. It received its IRS tax-exemption ruling in July 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Childrens Aid Home and Society of Somerset County reported income of $4.8m and spending of $1.5m, leaving 69% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $4.8m (+205%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 363%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Aid Home and Society of Somerset County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Housing with Heart Inc ($4.8m), The Viscardi Center Inc ($4.8m) and The Center in Hollywood ($4.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $162k (11% of expenses). Other salaries and wages came to $83k. At year end it held assets of $23.0m against liabilities of $214k, net assets of $22.8m. It reported 3 employees.