American Society of Agricultural Engineers

Analysis

American Society of Agricultural Engineers is a registered charity in United States, based in St Joseph, MI. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2023, American Society of Agricultural Engineers reported income of $291k and spending of $196k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $620k to $291k (-53%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society of Agricultural Engineers sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Pearls of India Foundation ($291k), Childrens Museum of Yuma County Inc ($291k) and Czech Cultural and Community Center ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m.