Society of Women Engineers

Analysis

Society of Women Engineers is a registered charity in United States, based in Southfield, 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 $61k and spending of $80k, spending 130% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $42k to $61k (+46%), an average of +46% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 147% 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 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include New York State Organization of Bursars & Business Admininstrators ($61k), Gray Co Over Fifty Inc ($61k) and Parent Booster USA Inc ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 7.9% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.