Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Laurel, MS. 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 $85k and spending of $42k, leaving 51% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $43k to $85k (+100%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 132%. Over the whole period it spent 81% 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 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within MS. Charities of a similar size with the same main cause include Stone of Help Ministry ($85k), Columbia Breakfast Rotary Community Fund ($85k) and West Shore Aware ($85k).

At year end it held assets of $179k against liabilities of $0, net assets of $179k.