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 Dallas, 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 2024, American Society of Heating Refrigerating & A-C Engineers reported income of $168k and spending of $229k, spending 136% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $113k to $168k (+48%), an average of +48% a year. The sharpest change came in the year to June 2024, when income rose by 48%. Over the whole period it spent 118% 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 Meduxnekeag Ramblers ($168k), Shia Association of North America ($168k) and Soccer Assoc for Youth ($168k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 106% and program service revenue 43% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.