American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in May 1946, 80 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 December 2023, American Chemical Society reported income of $213k and spending of $163k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $213k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Chemical Society sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include San Gorgonio Memorial Hospital Foundation ($213k), Dexter Area Historical Society and Museum ($213k) and L a Artcore Center ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 55% of the total. Other salaries and wages came to $31k. At year end it held assets of $749k against liabilities of $0, net assets of $749k.