Somebody Cares America Inc

Analysis

Somebody Cares America Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2000, 26 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 2023, Somebody Cares America Inc reported income of $730k and spending of $656k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $860k to $730k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Somebody Cares America Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include New England Arab American Organization ($729k), Cleveland Child Care Inc ($730k) and Belfast Soup Kitchen ($729k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $147k (22% of expenses). Other salaries and wages came to $117k. At year end it held assets of $254k against liabilities of $32k, net assets of $222k. It reported 6 employees.