Illuminating Engineering Society

Analysis

Illuminating Engineering Society is a registered charity in United States, based in New York, NY. 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 $562k and spending of $761k, spending 135% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $2.2m to $562k (-74%), an average of -24% a year. The sharpest change came in the year to June 2022, when income rose by 310%. Over the whole period it spent 98% 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Phoenix School Inc ($562k), Sunshine Center Inc ($562k) and Satellite Senior Homes Newark Gardens II Inc ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.