Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Rock Island, IL. 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 $89k and spending of $61k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $89k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 76% 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 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Cocumscussoc Association ($89k), Southern California Academy of Sciences Los Angeles County Museum ($89k) and Lucy K Henriques TR ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 76% of the total. At year end it held assets of $408k against liabilities of $0, net assets of $408k.