International Society for Heart & Lung Transplants
Analysis
International Society for Heart & Lung Transplants is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1991, 35 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 (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, International Society for Heart & Lung Transplants reported income of $6.9m and spending of $5.7m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $6.9m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 89% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Society for Heart & Lung Transplants sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Long Island Childrens Museum ($6.9m), Performing Arts Consultants Inc ($6.9m) and Akron Art Museum ($6.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $423k (7.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $19.2m against liabilities of $2.8m, net assets of $16.5m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.5%
- Program services 90%
- Other 9.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Long Island Childrens Museum | Garden City | $6.9m |
| Performing Arts Consultants Inc | Brick | $6.9m |
| Akron Art Museum | Akron | $6.9m |
| William a Farnsworth Library and Art Museum Inc | Rockland | $6.9m |