American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in San Leandro, CA. 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 $451k and spending of $284k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $454k to $451k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 64% 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 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Enterprise for Equity ($451k), United Fund of Cumberland County Inc ($451k) and Boulder City Hospital Foundation ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 1.9% of the total. Other salaries and wages came to $33k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 1 employees.