Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Crestwood, IL. 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 2023, Sertoma Inc reported income of $127k and spending of $91k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $72k to $127k (+76%), an average of +76% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 73% 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 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Lower Flathead Valley Community Foundation Inc ($127k), Life Investors Fortunaires Club Charitable Foundation Inc ($127k) and Friends of North East Christian University India Inc ($127k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.4% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.