Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in March 1959, 67 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 $69k and spending of $30k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $69k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 46% 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 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 33rd percentile within SC. Charities of a similar size with the same main cause include Sisters Network ($69k), National Autism Association ($69k) and Help of Carpinteria ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 8.6% of the total. At year end it held assets of $298k against liabilities of $0, net assets of $298k.