Pulmonary Wellness Foundation Inc

Analysis

Pulmonary Wellness Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover medical research, 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, Pulmonary Wellness Foundation Inc reported income of $263k and spending of $260k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $307k to $263k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pulmonary Wellness Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Serenity House of Victor Inc ($263k), Lilac Tree Resources for Divorcing Women ($263k) and Society for the Neural Control of Movement ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $12k (4.4% of expenses). At year end it held assets of $54k against liabilities of $587, net assets of $53k.