Society of Women Engineers

Analysis

Society of Women Engineers is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in September 1992, 34 years ago. 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 2024, Society of Women Engineers reported income of $254k and spending of $312k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $273k to $254k (-6.8%), an average of -1.7% a year. The sharpest change came in the year to June 2021, when income dropped by 59%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Women Engineers sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include International College Learning Center Association Inc ($254k), Samara - the Center for Individualand Family Growth ($254k) and Penn Jersey Educational Radio Corp ($254k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $625k against liabilities of $0, net assets of $625k.