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 Chicago, IL. 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 2023, American Society of Heating Refrigerating & A-C Engineers reported income of $129k and spending of $151k, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $143k to $129k (-9.8%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 103% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Lenox Charitable Fund Inc ($129k), Jefferson Center Foundation Inc ($129k) and General Alumni Association of Lincoln University ($129k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 58% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.