American Society of Heating Refreigerating & A-c Engineers is a 501(c)(3) organization based in Marlborough, Massachusetts, registered in 1973, with $333,459 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$333K
▲ 29.1% vs prior year
Expenses (FY2023)
$306K
Net assets
$233K
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 American Society of Heating Refreigerating & A-c Engineers— 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 American Society of Heating Refreigerating & A-c Engineers: 9 mo reserves · +8% 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 American Society of Heating Refreigerating & A-c Engineers— 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 American Society of Heating Refreigerating & A-c Engineers: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $178K (FY2013) to $333K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
8.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$245K
Total liabilities
$12K
Net assets
$233K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $333,459▲29.1% | $306,040▲24.3% | $233,181▲13.3% | $245,400▲18.1% | 990 |
| 2022 | $258,240▲95.7% | $246,191▲98.0% | $205,762▲6.2% | $207,799▲6.5% | 990 |
| 2021 | $131,980▼0.4% | $124,344▲33.3% | $193,713▲4.1% | $195,083▼19.5% | 990EZ |
| 2020 | $132,488▲39.1% | $93,278▼0.2% | $186,077▲26.7% | $242,317▲56.5% | 990EZ |
| 2019 | $95,218▼32.0% | $93,429▼47.6% | $146,867▲1.2% | $154,834▲6.7% | 990EZ |
| 2018 | $140,067▼40.1% | $178,209▼4.4% | $145,078▼20.8% | $145,160▼24.0% | 990 |
| 2017 | $233,952▲112% | $186,374▲53.7% | $183,220▲35.1% | $190,972▲40.8% | 990 |
| 2016 | $110,116▼51.2% | $121,273▼31.4% | $135,642▼7.6% | $135,642▼7.6% | 990 |
| 2015 | $225,839▲156% | $176,846▲130% | $146,799▲50.1% | $146,799▲49.6% | 990 |
| 2014 | $88,170▼50.5% | $76,961▼43.3% | $97,806▲12.9% | $98,139▲13.0% | 990 |
| 2013 | $178,252 | $135,779▼62.9% | $86,597▲96.3% | $86,835▲95.6% | 990 |
| 2012 | — | $365,872▲147% | $44,124▼76.9% | $44,393▼76.8% | 990 |
| 2011 | — | $148,335 | $191,329 | $191,379 | 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.
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Data for American Society of Heating Refreigerating & A-c Engineers (EIN 04-6173585) 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.