Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Indianapolis, IN. 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 $222k and spending of $215k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $198k to $222k (+12%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 128%. Over the whole period it spent 95% 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 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Woody Foundation Inc ($222k), Honor Legion of the Police Departments of the State of New ($222k) and Georgia Federation of Womens Clubs ($222k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 79% of the total. At year end it held assets of $367k against liabilities of $0, net assets of $367k.