American Society of Civil Engineers

Analysis

American Society of Civil Engineers is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1975, 51 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, American Society of Civil Engineers reported income of $895k and spending of $638k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $613k to $895k (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society of Civil Engineers sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Center for Railroad Photography and Art Inc ($895k), Mobile Opera Inc ($895k) and Moanolua Gardens Foundation Inc ($894k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 49% of the total. At year end it held assets of $2.5m against liabilities of $126k, net assets of $2.4m.