American Society of Heating Refrigerating & A-C Engineers

Analysis

American Society of Heating Refrigerating & A-C Engineers is a registered charity in United States, based in Annapolis JCT, MD. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, American Society of Heating Refrigerating & A-C Engineers reported income of $123k and spending of $137k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $55k to $123k (+124%), an average of +124% a year. The sharpest change came in the year to June 2024, when income rose by 124%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Society of Heating Refrigerating & A-C Engineers sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include F F O Inc ($123k), National Grain & Feed Foundation ($123k) and Boston Township Hall Committee Inc ($123k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 64% of the total. At year end it held assets of $269k against liabilities of $0, net assets of $269k.