Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Fort Worth, TX. 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 $79k and spending of $62k, leaving 21% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $73k to $79k (+7.8%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 443%. Over the whole period it spent 61% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Vasca Inc ($79k), Sandlott Baseball Inc ($79k) and Winfield Arts & Humanities Council Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 33% of the total. At year end it held assets of $828k against liabilities of $0, net assets of $828k.