Somebody Inc

Analysis

Somebody Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Somebody Inc reported income of $102k and spending of $22k, leaving 79% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $276k to $102k (-63%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 221%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Somebody Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Friendship Hall Inc ($102k), Public Thread X ($102k) and Sweet Home Emergency Ministries ($102k).

At year end it held assets of $481k against liabilities of $0, net assets of $481k.