American Society of Heating Refreigerating & A-C Engineers

Analysis

American Society of Heating Refreigerating & A-C Engineers is a registered charity in United States, based in Marlborough, MA. It received its IRS tax-exemption ruling in November 1973, 53 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 June 2023, American Society of Heating Refreigerating & A-C Engineers reported income of $258k and spending of $246k, spending 95% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $140k to $258k (+84%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Heating Refreigerating & A-C Engineers sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Metropolitan Wind Symphony Inc ($258k), Linda Vista Childrens Center ($258k) and Arkansas Hunters Feeding the Hungry Inc ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $208k against liabilities of $2,037, net assets of $206k.