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 Commack, NY. It received its IRS tax-exemption ruling in November 1973, 53 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 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 Refrigerating & A-C Engineers reported income of $70k and spending of $58k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $57k to $70k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society of Heating Refrigerating & A-C Engineers sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include One Eleven Evelyn a Center for Thearts ($70k), Russian American Federation Inc ($70k) and Florida Agricultural Hall of Fame Foundation Inc ($70k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.