Chemical Engineering Division of Asee

Analysis

Chemical Engineering Division of Asee is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 1971, 55 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, Chemical Engineering Division of Asee reported income of $92k and spending of $74k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $92k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chemical Engineering Division of Asee sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include American-Canadian Genealogical Society of NH Inc ($92k), Coalition Advancing Technology and Innovation ($92k) and Serbian Cultural Center San Diego ($92k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $48k (66% of expenses). At year end it held assets of $130k against liabilities of $25k, net assets of $104k. It reported 1 employees.