Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Springfield, MO. 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 $204k and spending of $87k, leaving 58% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $139k to $204k (+47%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 60% 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 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within MO. Charities of a similar size with the same main cause include Will Family Trust ($204k), Rochester Businessmans Charitable Organization Inc ($204k) and Enzo & Me Pediatric Cancer Foundation ($204k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 20% of the total. At year end it held assets of $292k against liabilities of $17k, net assets of $275k.