Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in January 1964, 62 years ago. 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 $71k and spending of $58k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $52k to $71k (+37%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sertoma Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within HI. Charities of a similar size with the same main cause include Lake Youngs Elem Ptsa 9-7-25 ($71k), Pop Warner Little Scholars Inc ($71k) and The Orchestra of Southern Utah ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.