Somerset Inc
Somerset, Pennsylvania
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$515K
Total Revenue
📊
$348K
Total Expenses
🏦
$1.1M
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-21.6%
Year-over-year change (2022 → 2023)
Net Margin
+32.3%
Revenue minus expenses as % of revenue
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $514,713↓22% | $348,297↓3% | $1,091,786↑18% | |
| 2022 | $656,896↑18% | $359,014↑80% | $925,370↑47% | — |
| 2021 | $556,877↑50% | $199,715↓40% | $627,488↑128% | — |
| 2020 | $371,792↑462% | $333,310↑337% | $274,658↑1010% | — |
| 2019 | $66,131↑27% | $76,202↓18% | $24,746↓29% | — |
| 2018 | $52,164↓53% | $93,415↓8% | $34,817↓54% | — |
| 2017 | $110,268↓32% | $101,084↓48% | $76,067↑14% | — |
| 2016 | $161,570↑190% | $195,478↑298% | $66,883↓34% | — |
| 2015 | $55,724↓31% | $49,137↓11% | $101,095↑7% | — |
| 2014 | $81,332 | $55,295↑43% | $94,508↑39% | — |
| 2013 | $81,364↑47% | $38,560↓8% | $68,167↑173% | — |
| 2012 | $55,201 | $41,912 | $24,935 | — |
Frequently Asked Questions
What does Somerset Inc do?▼
Somerset Inc is a community improvement & capacity building nonprofit organization based in Pennsylvania. It is classified under NTEE code S20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somerset Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somerset Inc.
How much revenue does Somerset Inc generate?▼
Somerset Inc reports $633K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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