Community Improvement
(S20Z)
IRS Verified
DX Registered
990 on File
SOMERSET INC
Financial strength (30%)
94/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$633K
Total Revenue
$473K
Total Expenses
$1.4M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.8%
Fundraising Efficiency
N/A
Operating Reserve
35.50x
Liability-to-Asset
0.0%
Revenue Diversification
77.5%
Compared with Peers
FY 2025
Compared with 2,137 similar organizations
(United States, Community Improvement, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.8% | 84.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.5% | 12.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
35.5 mo | 11.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 2.2% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.5% | 91.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
9.2% | 4.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.7% | 8.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
25.3% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $633K | $473K | $1.4M | 85.8% | 5 |
| 2024 | $580K | $432K | $1.2M | 73.8% | 3 |
| 2023 | $515K | $348K | $1.1M | 69.4% | 3 |
| 2022 | $657K | $359K | $925K | 70.3% | 4 |
| 2021 | $557K | $200K | N/A | — | 1 |
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