Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Virginia BCH, VA. 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 $189k and spending of $93k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $189k (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 319%. Over the whole period it spent 68% 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 53rd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Southern California Genealogical Society ($189k), Grand Parlor Native Daughters of the Golden West Childrens Foundati ($189k) and Andover Baseball Association ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $606k against liabilities of $34k, net assets of $572k.