Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Sertoma Inc reported income of $136k and spending of $74k, leaving 46% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $87k to $136k (+58%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sertoma Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include 200 Foundation ($136k), Conejo Valley Foundation ($136k) and Emerald Coast Community Wellness Foundation ($136k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 90% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.