Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Colorado Springs, CO. 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 June 2023, Sertoma Inc reported income of $67k and spending of $71k, spending 105% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $51k to $67k (+33%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 99% 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 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Hedgeye Cares Inc ($67k), Falls Memorial Hospital Foundation Inc ($67k) and Ed Lucas Foundation Inc ($67k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 3.4% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.