Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Staten Island, NY. 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 $424k and spending of $325k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $424k (+104%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 88% 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 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include North Park Theatre of Buffalo Inc ($424k), Calvary Apartments Inc ($424k) and Our Daily Bread of Bradenton Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.