SCommunity Improvement & Capacity BuildingEIN: 221532588· Ruling Year: 1942

Somerset County Chamber Of Commerce

Somerville, New Jersey

A-Health Score
83A-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Very Good

💰
$979K
Total Revenue
📊
$773K
Total Expenses
🏦
$1.5M
Net Assets
📋
$138K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.5%
Year-over-year change (2022 → 2023)
Net Margin
+21.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.88
Net assets divided by total expenses
Liabilities-to-Assets
8.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$979,48515%$772,73311%$1,591,93516%
2022$855,3822%$696,7528%$1,377,95113%
2021$837,55555%$646,62015%$1,214,8003%
2020$538,76733%$560,90824%$1,251,56119%
2019$800,1297%$734,7864%$1,056,1323%
2018$747,78522%$708,78716%$1,023,6176%
2017$615,2713%$612,3763%$961,632
2016$633,45510%$631,0846%$957,6661%
2015$707,3271%$597,2863%$962,65711%
2014$700,11815%$578,6244%$864,32311%
2013$609,0148%$554,5984%$775,38113%
2012$664,3636%$579,7675%$685,57911%
2011$626,978$609,511$618,223

Frequently Asked Questions

What does Somerset County Chamber Of Commerce do?

Somerset County Chamber Of Commerce is a community improvement & capacity building nonprofit organization based in New Jersey. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Somerset County Chamber Of Commerce financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somerset County Chamber Of Commerce.

How much revenue does Somerset County Chamber Of Commerce generate?

Somerset County Chamber Of Commerce reports $931K in annual revenue and holds $2.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in New Jersey.