Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Minot, ND. 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 $104k and spending of $71k, leaving 32% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $82k to $104k (+27%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 80% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 29th percentile within ND. Charities of a similar size with the same main cause include Foundation for Random Acts of Kindness Inc ($104k), Philomath Community Foundation ($105k) and Krewe of Priscus Inc ($104k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 0.5% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.