Global Intiative for Chronic Obstructive Lung Disease Inc

Analysis

Global Intiative for Chronic Obstructive Lung Disease Inc is a registered charity in United States, based in Deer Park, IL. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Global Intiative for Chronic Obstructive Lung Disease Inc reported income of $952k and spending of $704k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $922k to $952k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Intiative for Chronic Obstructive Lung Disease Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Southwest Chemical Dependency ($952k), MJH Foundation ($953k) and Lifeclinic Community Resources ($952k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 25% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.