Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in January 1964, 62 years ago. 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 $54k and spending of $49k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $44k to $54k (+23%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sertoma Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Miami Salon Group Inc ($54k), The Josh Willingham Foundation ($54k) and Haven of Northern Virginia Inc ($54k).

At year end it held assets of $33k against liabilities of $200, net assets of $33k.