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The Somerville Community Corporation

Somerville, Massachusetts · EIN 23-7293380 · Community Improvement · tax-exempt since 1974

C

Charity Clarity grade C (score 54.7 of 100), based on the Form 990 for the year ended December 2024.

Graded against 9,569 community improvement nonprofits with revenue $2M–$10M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.-8.2 months0
GovernanceBoard independence, key policies and audit, per the 990.91% of practices91
Margin stabilityHow steady the surplus or deficit is year to year.34
Revenue spreadHow much revenue rests on one type of income.21% from one source80
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.94.4%not scored
Management costsShare of spending.2.0%not scored
Cost to raise $1Fundraising cost per dollar given.$0.16not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201620172018201920202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$5.81M$5.74M$78K−$3.93M-8.216C
Dec 2023Form 990$4.66M$5.52M−$861K−$4.05M-8.821C
Dec 2022Form 990$4.49M$5.55M−$1.06M−$3.19M-6.918C
Dec 2021Form 990$4.46M$4.93M−$476K−$2.13M-5.221C
Dec 2020Form 990$3.89M$4.99M−$1.10M−$1.35M-3.222C
Dec 2019Form 990$3.25M$4.29M−$1.04M−$250K-0.719C
Dec 2018Form 990$3.08M$3.68M−$593K$756K2.522B
Dec 2017Form 990$2.04M$2.67M−$632K$1.04M4.721B
Dec 2016Form 990$3.16M$2.72M$437K$1.67M7.421A

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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