Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Aberdeen, SD. 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 $158k and spending of $141k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $86k to $158k (+83%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 423%. Over the whole period it spent 96% 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 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within SD. Charities of a similar size with the same main cause include Craig Bowers Memorial Foundation ($158k), The Champions Fund Inc ($158k) and Cancer Care Club ($158k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.