The Society of American Military Engineers Foundation

Analysis

The Society of American Military Engineers Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Society of American Military Engineers Foundation reported income of $334k and spending of $234k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $334k (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Society of American Military Engineers Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Spark Museum of Electrical Invention ($334k), Agricultural Hall of Fame ($334k) and Arthouse Studio ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $4.5m against liabilities of $2.7m, net assets of $1.8m.