American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in June 1959, 67 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 $166k and spending of $171k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $107k to $166k (+55%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 87% 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 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Road Runners Club of America ($166k), Wakefield Basketball Association Inc ($166k) and Missionary Radio Evangelism ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.