American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1945, 81 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 2022, American Chemical Society reported income of $71k and spending of $38k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $50k to $71k (+43%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 33% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Chemical Society sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Sierra County Historical Society ($71k), Marion Union Station Association ($71k) and Quilters of South Carolina Inc ($71k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 50% and program service revenue 18% of the total. At year end it held assets of $547k against liabilities of $0, net assets of $547k.