Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in August 1958, 68 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 $201k and spending of $245k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $201k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 194%. Over the whole period it spent 82% 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 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Womans Friend Society ($201k), Sublette County Library Foundation Inc ($201k) and East Dakota Transit Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 75% of the total. At year end it held assets of $735k against liabilities of $0, net assets of $735k.