Global Cold Chain Foundation

Analysis

Global Cold Chain Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in October 1970, 56 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Global Cold Chain Foundation reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.4m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Global Cold Chain Foundation sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Workhouse Arts Foundation Inc ($2.4m), The International Ufo Museum & Research Center at Roswell New ($2.4m) and Museum of Chinese in the America ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. At year end it held assets of $1.8m against liabilities of $1.0m, net assets of $790k.