Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Universal Cty, TX. 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 $166k and spending of $126k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $166k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 88% 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 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Guiding Star Project ($166k), Friends of the Jefferson Public Library ($166k) and Us-Asean Business Council Institute Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 80% of the total. At year end it held assets of $646k against liabilities of $0, net assets of $646k.