American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in New Windsor, MD. 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 $50k and spending of $68k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $52k to $50k (-2.5%), an average of -2.5% a year. Over the whole period it spent 143% 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 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include Jazz Sanctuary Inc ($50k), Symphony of the Vines ($50k) and Canto Vocal Programs a New York Nonprofit Corporation ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.