Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in North Augusta, 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 December 2023, Sertoma Inc reported income of $121k and spending of $117k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $42k to $121k (+190%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 142%. Over the whole period it spent 98% 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 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 47th percentile within SC. Charities of a similar size with the same main cause include Bowery Mission Foundation Inc ($121k), Espas Kreyol ($121k) and Foundation for Philippine Medical Missions ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 63% of the total. At year end it held assets of $231k against liabilities of $64k, net assets of $168k.