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 Houston, TX. 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 $172k and spending of $52k, leaving 70% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $101k to $172k (+70%), an average of +70% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 86% 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 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Casa of Jefferson County ($172k), Community Housing Services ($172k) and Charutar Vidya Mandal USA Inc ($172k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.