Applied Computational Electromagnetics Society

Analysis

Applied Computational Electromagnetics Society is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Applied Computational Electromagnetics Society reported income of $139k and spending of $116k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $209k to $139k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2023, when income rose by 892%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Applied Computational Electromagnetics Society 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 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Charitable Trust in Memory of the Descendents of Lema and Berel ($139k), Networking to Help Children Inc ($139k) and Rancho Cucamonga Community & Arts Foundation ($139k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $296k against liabilities of $0, net assets of $296k.