Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Sioux Falls, 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 $86k and spending of $59k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $69k to $86k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 75% 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 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within SD. Charities of a similar size with the same main cause include Ceres Rotary Club Foundation ($86k), Fuel & More ($86k) and Philanthropic Directive Supporting Organization Inc ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $144k against liabilities of $49, net assets of $144k.