American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in N Saint Paul, MN. 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 2023, American Chemical Society reported income of $52k and spending of $46k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $52k (+2.7%), an average of +2.7% a year. Over the whole period it spent 88% 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 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Thomas Jefferson Gardens of Greene County ($52k), Bloomington Chorale Inc ($52k) and Appna Institute of Innovation and Research ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $272k against liabilities of $0, net assets of $272k.