American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in Pasadena, CA. 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 $65k and spending of $22k, leaving 67% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $55k to $65k (+19%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 34% 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 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Past Forward ($65k), 440 State Street ($65k) and Shawano County Arts Council Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.