Engineers Charitable TR

Analysis

Engineers Charitable TR is a registered charity in United States, based in Whitestone, NY. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Engineers Charitable TR reported income of $384k and spending of $94k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $384k (+197%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Engineers Charitable TR sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Spread the Joy Foundation ($384k), Women of At&t Inc ($384k) and Postpartum Support Virginia Inc ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 138% of the total. At year end it held assets of $763k against liabilities of $15k, net assets of $748k.