Somerset County Mobile Food Bank

Analysis

Somerset County Mobile Food Bank is a registered charity in United States, based in Somerset, PA. It received its IRS tax-exemption ruling in October 2014, 12 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, Somerset County Mobile Food Bank reported income of $432k and spending of $352k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $432k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Somerset County Mobile Food Bank sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Switch ($432k), Monarchcare Inc ($432k) and Friendship Circle of Miami Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $88k. At year end it held assets of $890k against liabilities of $0, net assets of $890k. It reported 5 employees.