American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in Lawrenceville, GA. 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 $56k and spending of $76k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $56k (-14%), an average of -14% a year. Over the whole period it spent 130% 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 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Bay Package Productions Inc ($56k), Ptsa Connecticut Inc ($56k) and Carrollton Kiwanis Foundation Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 28% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.