Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Mt Pleasant, SC. 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 $71k and spending of $62k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $42k to $71k (+71%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 71%. 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 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 34th percentile within SC. Charities of a similar size with the same main cause include Friends of Ludington St Park ($71k), Creston Boosters ($71k) and Gramatica Family Foundation Inc ($71k).

At year end it held assets of $97k against liabilities of $0, net assets of $97k.