American Chemical Society

Analysis

American Chemical Society is a registered charity in United States, based in LA Habra, 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 $126k and spending of $121k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $126k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 103% 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 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Veteran Advocates of Ore - Ida ($126k), Technology Student Association ($126k) and Beverly Hills Historical Society ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 34% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.