Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Albany, GA. 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 August 2023, Sertoma Inc reported income of $52k and spending of $58k, spending 111% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $45k to $52k (+16%), an average of +16% a year. The sharpest change came in the year to August 2023, when income rose by 16%. Over the whole period it spent 123% 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 20th percentile, and in the 21st percentile within GA. Charities of a similar size with the same main cause include Roseland Rescue Squad Inc ($52k), Dennis Historical Society ($52k) and Fort Ann Youth League Inc ($52k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.