Institute of Heating & Air Conditioning Industries Inc is a 501(c)(6) organization based in Glendale, California, registered in 1958, with $1,921,164 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.9M
▼ 24.5% vs prior year
Expenses (FY2024)
$2.4M
Net assets
$5.1M
Employees
—
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 Institute of Heating & Air Conditioning Industries Inc— 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 Institute of Heating & Air Conditioning Industries Inc: 25 mo reserves · -26% margin earns a D 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 Institute of Heating & Air Conditioning Industries Inc— 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 Institute of Heating & Air Conditioning Industries Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.8M (FY2013) to $1.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-25.9%
Spent more than it raised in the latest fiscal year.
Total assets
$5.1M
Total liabilities
$61K
Net assets
$5.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,921,164▼24.5% | $2,419,640▲0.4% | $5,071,593▼6.5% | $5,133,020▼6.8% | 990 |
| 2023 | $2,542,945▲17.0% | $2,411,074▲6.0% | $5,424,593▲2.3% | $5,507,907▲1.5% | 990 |
| 2022 | $2,173,831▲4.4% | $2,273,867▲24.7% | $5,302,555▼18.6% | $5,425,162▼17.8% | 990 |
| 2021 | $2,082,044▲63.5% | $1,822,945▲5.9% | $6,514,592▲5.0% | $6,597,946▲3.0% | 990 |
| 2020 | $1,273,273▼35.6% | $1,721,897▼19.9% | $6,203,860▲0.1% | $6,403,935▲1.5% | 990 |
| 2019 | $1,977,102▼7.0% | $2,149,802▲8.9% | $6,194,808▲5.6% | $6,308,639▲5.3% | 990 |
| 2018 | $2,125,189▲7.2% | $1,974,705▲20.2% | $5,865,101▼6.1% | $5,990,833▼4.6% | 990 |
| 2017 | $1,981,538▼3.6% | $1,642,270▲1.4% | $6,248,617▲14.2% | $6,282,287▲13.0% | 990 |
| 2016 | $2,056,498▲8.4% | $1,619,372▲10.6% | $5,473,672▲10.3% | $5,559,161▲10.5% | 990 |
| 2015 | $1,896,685▼6.1% | $1,464,388▼5.0% | $4,961,852▲3.4% | $5,029,239▲3.5% | 990 |
| 2014 | $2,020,841▲9.4% | $1,541,553▲10.8% | $4,798,681▲11.1% | $4,858,953▲11.2% | 990 |
| 2013 | $1,847,894 | $1,391,094▲3.6% | $4,317,843▲14.6% | $4,367,652▲12.8% | 990 |
| 2012 | — | $1,342,945▲7.0% | $3,766,252▲11.8% | $3,871,292▲11.3% | 990 |
| 2011 | — | $1,255,252▲8.7% | $3,368,940▲10.5% | $3,479,538▲10.2% | 990 |
| 2010 | — | $1,155,122 | $3,047,467 | $3,156,923 | 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 Institute of Heating & Air Conditioning Industries Inc (EIN 95-6092523) 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.