Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2022, Sertoma Inc reported income of $59k and spending of $76k, spending 128% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income fell from $82k to $59k (-28%), an average of -10% a year. The sharpest change came in the year to August 2020, when income dropped by 41%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sertoma Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include Neighbors Who Care Inc ($59k), Sapphire Therapeutic Services ($59k) and Iron-Leg Corp ($59k).

On its Form 990-EZ for the period ending August 2022, revenue came from contributions and grants 78% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.