American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in Toledo, OH. 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 2020, American Chemical Society reported income of $436k and spending of $409k, spending 94% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $16k to $436k (+2558%), an average of +2558% a year. The sharpest change came in the year to December 2020, when income rose by 2558%. Over the whole period it spent 94% 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Center for Black Brown and Queer Studies Inc ($435k), Silicon Valley Shakespeare ($436k) and Cyt Nashville Inc ($435k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 98% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.