Sertoma Handicapped Opportunity Programs Inc

Analysis

Sertoma Handicapped Opportunity Programs Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Sertoma Handicapped Opportunity Programs Inc reported income of $773k and spending of $709k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $711k to $773k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sertoma Handicapped Opportunity Programs Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OK. Charities of a similar size with the same main cause include Houston Junior Forum Inc ($773k), Orange County Congregation Community Organization ($773k) and Barracks Row Mainstreet ($773k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $63k (8.9% of expenses). Other salaries and wages came to $289k. At year end it held assets of $287k against liabilities of $26k, net assets of $260k. It reported 55 employees.