American College of Chest Physicians

Analysis

American College of Chest Physicians is a registered charity in United States, based in Glenview, IL. It received its IRS tax-exemption ruling in October 1958, 68 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American College of Chest Physicians reported income of $37.1m and spending of $38.5m, spending 104% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $32.1m to $37.1m (+15%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American College of Chest Physicians sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Rocklin Academy ($37.0m), St Andrews Episcopal School Inc ($37.3m) and Community Health Alliance ($37.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $2.8m (7.2% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $59.3m against liabilities of $26.1m, net assets of $33.2m. It reported 132 employees.