Air-conditioning Heating and Refrigeration Institute is a 501(c)(6) organization based in Arlington, Virginia, registered in 2008, with $45,085,810 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$45.1M
▲ 7.2% vs prior year
Community median: $184K
Expenses (FY2024)
$44.2M
Net assets
$32.0M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Air-conditioning Heating and Refrigeration Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Air-conditioning Heating and Refrigeration Institute: 9 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Air-conditioning Heating and Refrigeration Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Air-conditioning Heating and Refrigeration Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $25.7M (FY2013) to $45.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
2.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$56.0M
Total liabilities
$23.9M
Net assets
$32.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $45,085,810▲7.2% | $44,167,075▲6.8% | $32,016,204▲6.0% | $55,963,072▲2.5% | 990 |
| 2023 | $42,063,292▲10.4% | $41,359,977▲8.3% | $30,195,706▲9.9% | $54,580,753▲5.6% | 990 |
| 2022 | $38,104,556▲17.6% | $38,196,981▲13.3% | $27,477,137▼17.6% | $51,666,075▼11.0% | 990 |
| 2021 | $32,390,159▼1.5% | $33,708,811▲1.7% | $33,328,297▼0.1% | $58,066,234▲2.9% | 990 |
| 2020 | $32,876,642▼1.8% | $33,143,344▼5.4% | $33,363,549▲3.8% | $56,416,841▲4.8% | 990 |
| 2019 | $33,464,895▲6.6% | $35,044,150▲10.1% | $32,143,342▲6.0% | $53,821,291▲0.4% | 990 |
| 2018 | $31,406,659▼0.8% | $31,830,796▲9.5% | $30,336,224▼7.2% | $53,593,497▲39.5% | 990 |
| 2017 | $31,653,568▲14.9% | $29,062,030▲9.8% | $32,705,530▲13.2% | $38,409,202▲11.5% | 990 |
| 2016 | $27,540,331▲2.3% | $26,462,246▲2.3% | $28,902,139▲8.4% | $34,440,983▲6.2% | 990 |
| 2015 | $26,909,742▲14.2% | $25,876,524▲0.5% | $26,661,022▲1.0% | $32,420,479▲4.3% | 990 |
| 2014 | $23,556,315▼8.4% | $25,746,443▲14.3% | $26,405,371▼4.8% | $31,074,937▼9.5% | 990 |
| 2013 | $25,709,817 | $22,517,460▲8.0% | $27,735,442▲12.2% | $34,346,299▲6.3% | 990 |
| 2012 | — | $20,855,732▲6.7% | $24,720,139▲20.5% | $32,316,218▲15.7% | 990 |
| 2011 | — | $19,538,621▲0.2% | $20,516,190▲3.4% | $27,938,545▲3.0% | 990 |
| 2010 | — | $19,500,478 | $19,845,549 | $27,122,706 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Air-conditioning Heating and Refrigeration Institute totaling $20K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Gas Association | Contribution | 2016 | $20,000 |
Explore more
Data for Air-conditioning Heating and Refrigeration Institute (EIN 26-1558777) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.