Sertoma Inc

Analysis

Sertoma Inc is a registered charity in United States, based in Irondale, AL. 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 2024, Sertoma Inc reported income of $53k and spending of $52k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $40k to $53k (+35%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 114% 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 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AL. Charities of a similar size with the same main cause include Harford County Association of Realtors Charitable and Educationa ($53k), Lawrence E and Nancy S Glick Foundation ($53k) and Flames of Giving Inc ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.