Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Lincoln, NE. 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 $315k and spending of $297k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $315k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 5611%. Over the whole period it spent 89% 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 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NE. Charities of a similar size with the same main cause include Colorado Youth Bands ($315k), Ptsa Connecticut Congress ($315k) and Teaching-Family Association ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 91% of the total. At year end it held assets of $788k against liabilities of $0, net assets of $788k.