Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Lima, OH. 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 $63k and spending of $62k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $61k to $63k (+3.3%), an average of +3.3% a year. Over the whole period it spent 97% 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 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Norman C Tanner and Barbara L Tanner Third Charitable Support TR ($63k), Falmouth Education Foundation ($63k) and Venturi Brighter Day Employee Fund Inc ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.7% and program service revenue 1.0% of the total. At year end it held assets of $33k against liabilities of $367, net assets of $33k.