American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in Holland, PA. It received its IRS tax-exemption ruling in May 1946, 80 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 December 2023, American Chemical Society reported income of $177k and spending of $98k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $177k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 59%. 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, American Chemical Society 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 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Live Music Fostering Community ($177k), 18th Street Casa de Cultura NFP ($177k) and Denton Community Market ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 10% of the total. At year end it held assets of $800k against liabilities of $0, net assets of $800k.