Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Westford, MA. It received its IRS tax-exemption ruling in November 1954, 72 years ago. 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 December 2023, Society of American Military Engineers reported income of $54k and spending of $50k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $74k to $54k (-27%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of American Military Engineers sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Texas Water Utilities Association ($54k), El Segundo Nursery School Group ($54k) and Windsor and Community Seniors Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 0.8% of the total. At year end it held assets of $153k against liabilities of $221, net assets of $152k.