Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in November 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 August 2024, Sertoma Inc reported income of $88k and spending of $90k, spending 103% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $855 to $88k (+10147%), an average of +368% a year. The sharpest change came in the year to August 2022, when income rose by 4361%. Over the whole period it spent 101% 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 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include American Friends of the Great Yeshivas Chevron Geulah Inc ($88k), National Society of the Daughters of the American Revolution ($88k) and Alfred T White Jr Community Center ($88k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 166% and program service revenue 76% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.