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The Society of Women Engineers

RegisteredEIN 37-1128989Urbana, ILCommunity and economic development
Income$110k2023-06
Spending$118ksame year
Spent / received113%2-year average
Size in its cause37th pctCommunity and economic development
Exempt since1992Publicly supported organisat
Employees–latest return

Analysis

The Society of Women Engineers is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, The Society of Women Engineers reported income of $110k and spending of $118k, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $75k to $110k (+46%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Society of Women Engineers sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Grand7detroit ($110k), Tanana Valley Watershed Association ($110k) and Perry County Economic Development Board Inc ($110k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.

Income and spending

$0$30k$59k$89k$118k2022 Income: $74,8162022 Spending: $90,14420222023 Income: $109,5362023 Spending: $118,0342023
IncomeSpending

Where the income comes from

  • Contributions & grants 65%
  • Program services 35%

Similar-sized charities, same cause

CharityLocationIncome
Grand7detroitDetroit$110k
Tanana Valley Watershed AssociationFairbanks$110k
Perry County Economic Development Board IncHazard$110k
Urbanreachstl IncCottleville$110k