Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Fargo, 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 $62k and spending of $72k, spending 116% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $62k (+6.5%), an average of +6.5% a year. Over the whole period it spent 119% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 16th percentile within ND. Charities of a similar size with the same main cause include Sertoma Inc ($62k), The Escalera Foundation ($62k) and Stellas Stars ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.