Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Gulf Breeze, FL. 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 August 2024, Sertoma Inc reported income of $58k and spending of $61k, spending 105% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $53k to $58k (+9.4%), an average of +9.4% a year. Over the whole period it spent 100% 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 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Caring Hearts Charities Inc ($58k), Ashland Ore Dock Charitable TR ($58k) and Sertoma Inc ($58k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.