Sertoma Centers My Life Foundation Inc

Analysis

Sertoma Centers My Life Foundation Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in April 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sertoma Centers My Life Foundation Inc reported income of $445k and spending of $326k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $404k to $445k (+10%), an average of +3.3% a year. Over the whole period it spent 120% 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 Centers My Life Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Ram Veterans Foundation Inc ($445k), Florida Association of School Resource Officers Inc ($445k) and Merlins Magic Wand Foundation ($445k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 3.6% of the total. At year end it held assets of $3.9m against liabilities of $34k, net assets of $3.9m. It reported 14 employees.