Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Knoxville, TN. 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 2024, Sertoma Inc reported income of $55k and spending of $52k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $44k to $55k (+24%), an average of +12% a year. Over the whole period it spent 106% 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 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within TN. Charities of a similar size with the same main cause include Lake Almanor Community Foundation ($55k), Realtor Association of Pioneer Valley Charitable Education Fund ($55k) and Nasrallah Family Foundation ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 7.9% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.