Sertoma Inc
Analysis
Sertoma Inc is a registered charity in United States, based in Mesa, AZ. 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 $62k and spending of $52k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $156k to $62k (-60%), an average of -20% a year. The sharpest change came in the year to June 2022, when income rose by 531%. Over the whole period it spent 106% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within AZ. Charities of a similar size with the same main cause include Stellas Stars ($62k), Sertoma Inc ($62k) and Oak Ridge Breakfast Club Rotary Foundation ($62k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 83%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stellas Stars | Seattle | $62k |
| Sertoma Inc | Fargo | $62k |
| Oak Ridge Breakfast Club Rotary Foundation | Oak Ridge | $62k |
| The Escalera Foundation | San Antonio | $62k |