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 Peachtree Corners, GA. It received its IRS tax-exemption ruling in November 1973, 53 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 June 2023, American Society of Heating Refrigerating & A-C Engineers reported income of $2.2m and spending of $591k, leaving 73% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.2m (+97%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 100%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Heating Refrigerating & A-C Engineers sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Community Ems Incorporated ($2.2m), Neighborhood House Inc ($2.2m) and Plowshares Education Development Center Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $20.0m against liabilities of $177k, net assets of $19.8m.