Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 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 $131k and spending of $123k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $131k (-4.7%), an average of -4.7% a year. Over the whole period it spent 90% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OK. Charities of a similar size with the same main cause include Bellwood-Antis Public Library ($131k), Texas City Rotary Foundation Inc ($131k) and Womans Relief Association ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 87% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.