Somerset Area Ministries Inc
Somerset, Pennsylvania
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$63K
Total Revenue
📊
$57K
Total Expenses
🏦
$83K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+19.3%
Year-over-year change (2022 → 2023)
Net Margin
+9.3%
Revenue minus expenses as % of revenue
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $63,296↑19% | $57,429↑4% | $82,500↑8% | |
| 2022 | $53,040↑5% | $55,204↑26% | $76,633↓3% | — |
| 2021 | $50,481↓14% | $43,892↓19% | $78,797↑9% | — |
| 2020 | $58,793↑3% | $54,430↑11% | $72,208↑6% | — |
| 2019 | $57,300↑8% | $49,067↓10% | $67,845↑14% | — |
| 2018 | $53,294↓14% | $54,675↓1% | $59,612↓2% | — |
| 2017 | $62,044↑15% | $55,084↓2% | $60,993↑13% | — |
| 2016 | $54,135↑28% | $56,268↑8% | $54,033↓4% | — |
| 2015 | $42,387↓83% | $51,875↓71% | $56,166↓76% | — |
| 2014 | $246,411↑41% | $176,373↑28% | $237,990↑42% | — |
| 2013 | $174,834↑19% | $138,181↑64% | $167,952↑28% | — |
| 2012 | $146,887↑208% | $84,368↑60% | $131,299↑19% | — |
| 2011 | $47,682 | $52,801 | $110,480 | — |
Frequently Asked Questions
What does Somerset Area Ministries Inc do?▼
Somerset Area Ministries Inc is a human services nonprofit organization based in Pennsylvania. It is classified under NTEE code P52 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somerset Area Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somerset Area Ministries Inc.
How much revenue does Somerset Area Ministries Inc generate?▼
Somerset Area Ministries Inc reports $57K in annual revenue and holds $125K in total assets, based on IRS filings.
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