American Society of Civil Engineers

Analysis

American Society of Civil Engineers is a registered charity in United States, based in Reston, VA. 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 September 2023, American Society of Civil Engineers reported income of $53.3m and spending of $56.4m, spending 106% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $49.3m to $53.3m (+8.1%), an average of +2.6% a year. The sharpest change came in the year to September 2021, when income rose by 27%. Over the whole period it spent 93% 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 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Innovations for Poverty Action ($53.3m), Ravinia Festival Association ($53.5m) and New Orleans Jazz & Heritage Foundation Inc ($53.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $1.4m (2.5% of expenses). Other salaries and wages came to $19.4m. At year end it held assets of $77.5m against liabilities of $22.6m, net assets of $54.9m. It reported 255 employees.