Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Louisville, KY. 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 $162k and spending of $100k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $162k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 66% 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 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include The Bridge - a Center for Hope and Healing ($162k), Barnegat Bay Yacht Racing Assoc ($162k) and Acts Today Ministries International Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.