Society of Explosives Engineers Education Foundation

Analysis

Society of Explosives Engineers Education Foundation is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Society of Explosives Engineers Education Foundation reported income of $202k and spending of $123k, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $250k to $202k (-19%), an average of -5.3% a year. The sharpest change came in the year to September 2022, when income rose by 115%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society of Explosives Engineers Education Foundation sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include The Center for Education Leadership Inc ($202k), Friends of Vail Inc ($202k) and Apex Cougar Club Incorporated ($202k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $2.9m against liabilities of $63k, net assets of $2.8m.