Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Platte City, MO. 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 $184k and spending of $128k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $184k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 64% 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 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within MO. Charities of a similar size with the same main cause include Saint Matthews Cathedral Endowment Fund Inc ($184k), Goodnews Messengers Inc ($184k) and American College of Physicians ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 90% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.