Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Jacksonville, FL. 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 $178k and spending of $119k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $178k (+141%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 208%. Over the whole period it spent 104% 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 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include State Theater Arts Guild Inc ($178k), Indiana Funeral Education Foundation Inc ($178k) and Wounded Warrior Military Family Endowment Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.