Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Hagatna, GU. 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 $66k and spending of $81k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $344k to $66k (-81%), an average of -81% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 108% 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 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 15th percentile within GU. Charities of a similar size with the same main cause include Empowerment Center for Children Youth and Families ($66k), Red White and Bulls Inc ($66k) and Truth Encounter a Non-Profit Corporation ($66k).

At year end it held assets of $187k against liabilities of $0, net assets of $187k.