CSCharityScored
44

Empower Somerset Inc

Other · Somerville, New Jersey

50 Division St Ste 104, Somerville, NJ 08876-2944

EIN: 237364157· Founded: Jul 1974· 52 years active· Filing Year: 2023

Annual Revenue

$2.6M

Total Expenses

$2.5M

Total Assets

$961K

Program Spending

4%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$112K

4.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.3M

Total Payroll

$1.4M

55% of total expenses

Where the Money Goes

4%
Programs: 4%
Payroll: 55%
Other overhead: 96%
Program Revenue$111K (4%)
Total Expenses$2.5M (98%)
Payroll$1.4M (55%)
Overhead (non-program)96%

Trust Score Breakdown

Program Spending Ratio

4% of expenses go to programs

40%

Revenue & Stability

$2.6M annual revenue

15%

Executive Compensation

$112K total officer comp (4.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$961K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.