Lung Transplant Foundation

Analysis

Lung Transplant Foundation is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 September 2023, Lung Transplant Foundation reported income of $122k and spending of $232k, spending 190% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $359k to $122k (-66%), an average of -42% a year. The sharpest change came in the year to September 2022, when income dropped by 48%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lung Transplant Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Stella Liniado Rainbow Foundation Inc ($122k), Autism Urban Connections Inc ($122k) and Children of Peru Foundation Inc ($122k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. At year end it held assets of $147k against liabilities of $6,594, net assets of $141k.