119145597RR0001 — 0200
Registered — Sherbrooke, QC — Charitable Organization
Scores: Legitimacy 88/100 · Effectiveness 80/100
Financials: Revenue $4,428,520 · Expenditures $3,928,154
Sercovie is a 52-year-old community services organization in Sherbrooke, Quebec directing 91.2% of expenditures to programs with strong 8.61% annual growth reaching $4.43 million. Despite excellent program spending and steady growth, critically low reserves at just 0.5 months represent the organization's primary financial vulnerability.
Our Verdict: A long-established community services provider with excellent program spending and strong growth. The critically thin reserves are the main concern — at just two weeks of operating expenses, the organization would struggle to absorb any funding disruption. Donors should know their contributions support strong programming but the organization would benefit from unrestricted gifts that build financial resilience.