Somebody Cares New England Inc

Analysis

Somebody Cares New England Inc is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover food, agriculture and nutrition, 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 New England Inc reported income of $536k and spending of $452k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $536k (+106%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Somebody Cares New England Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Nebraska Pga Foundation ($536k), Lowenstein House ($536k) and Cooper House Inc ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $265k against liabilities of $19k, net assets of $245k. It reported 6 employees.