Society of American Military Engineers

Analysis

Society of American Military Engineers is a registered charity in United States, based in Colorado SPGS, CO. 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 $86k and spending of $77k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $86k (+296%), an average of +296% a year. The sharpest change came in the year to December 2023, when income rose by 296%. Over the whole period it spent 106% 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 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Ptsa Michigan Congress of Parents Teachers and Students ($86k), Arya Samaj of Chicagoland ($86k) and Grace City Community Betterment ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 143% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.