American Society of Heating Refrigerating & Ac Engineers

Analysis

American Society of Heating Refrigerating & Ac Engineers is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 & Ac Engineers reported income of $58k and spending of $67k, spending 116% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $33k to $58k (+77%), an average of +33% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 109% 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 & Ac Engineers sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include San Luis Obispo Wesley Community ($58k), Uss Fort Worth Lcs-3 Support Committee Inc ($58k) and Cincinnati Irish Cultural Society ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 50% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.