Air Conditioning Contractors of America

Analysis

Air Conditioning Contractors of America is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Air Conditioning Contractors of America reported income of $966k and spending of $104k, leaving 89% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $892k to $966k (+8.3%), an average of +2.0% a year. Over the whole period it spent 12% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Air Conditioning Contractors of America sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Saratoga Economic Development Corporation ($966k), City Wide Neighborhood Development Corporation ($966k) and German American Chamber of Commerce California Inc ($965k).

At year end it held assets of $22.9m against liabilities of $39k, net assets of $22.8m.