Council of Engineering and Scientific Society Executives

Analysis

Council of Engineering and Scientific Society Executives is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in January 1978, 48 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 June 2023, Council of Engineering and Scientific Society Executives reported income of $1.0m and spending of $825k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $665k to $1.0m (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council of Engineering and Scientific Society Executives sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Bethesda Christian Counseling Midwest Inc ($1.0m), Thunderbird Clubhouse Board Inc ($1.0m) and Sunshine Training Center ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 91% of the total. At year end it held assets of $1.3m against liabilities of $392k, net assets of $944k.