American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in Saint Joseph, MO. 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 $51k and spending of $36k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $51k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 72% 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 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within MO. Charities of a similar size with the same main cause include Tehama County Community Concert Association Inc ($51k), Meeting Professionals International ($51k) and Geneva Theater Guild Incorporated ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $861k against liabilities of $0, net assets of $861k.