Greater Sarasota Sertoma Foundation Inc

Analysis

Greater Sarasota Sertoma Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Sarasota Sertoma Foundation Inc reported income of $93k and spending of $323k, spending 348% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $106k to $93k (-12%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income dropped by 109%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greater Sarasota Sertoma Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Young Hearts Inc ($93k), Recovery Idaho Inc ($93k) and Lyme Warrior Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $314k against liabilities of $42k, net assets of $272k.