Somali Community Services of Mayfield
Analysis
Somali Community Services of Mayfield is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 2011, 15 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, Somali Community Services of Mayfield reported income of $72k and spending of $73k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $72k to $72k (-1.2%), an average of -0.6% a year. Over the whole period it spent 103% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Somali Community Services of Mayfield sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within KY. Charities of a similar size with the same main cause include Veterans Furniture Center ($72k), Bonds of Union ($72k) and Helping Hands of Jackson County Inc ($72k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Veterans Furniture Center | Sun City | $72k |
| Bonds of Union | Cincinnati | $72k |
| Helping Hands of Jackson County Inc | Edna | $72k |
| Ghent Food Pantry Inc | Ghent | $72k |