Illuminating Engineering Society

Analysis

Illuminating Engineering Society is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1991, 35 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, Illuminating Engineering Society reported income of $231k and spending of $353k, spending 153% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $612k to $231k (-62%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 43%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illuminating Engineering Society sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Minnesota VFW Charitable Association ($231k), Hawaiian Canoe Racing Association ($231k) and American Bladesmith Society Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 20% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.