Society for Experimental Mechanics

Analysis

Society for Experimental Mechanics is a registered charity in United States, based in Bethel, CT. It received its IRS tax-exemption ruling in May 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for Experimental Mechanics reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.3m (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Experimental Mechanics sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include Institute for Global Engagement ($1.3m), United Methodist Senior Services of Clarksdale Area Inc ($1.3m) and Sunnymere Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $421k. At year end it held assets of $1.9m against liabilities of $393k, net assets of $1.5m.