American Society of Heating Refrigerating & A-C Engineers

Analysis

American Society of Heating Refrigerating & A-C Engineers is a registered charity in United States, based in Plainsboro, NJ. 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 2024, American Society of Heating Refrigerating & A-C Engineers reported income of $52k and spending of $36k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $30k to $52k (+74%), an average of +74% a year. The sharpest change came in the year to June 2024, when income rose by 74%. Over the whole period it spent 76% 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 Refrigerating & A-C Engineers sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include PTA Texas Congress ($52k), Camerata Musica ($52k) and Lake Almanor Peninsula Firemens Association ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 22% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.