Greyhound Rescue of New England Inc

Analysis

Greyhound Rescue of New England Inc is a registered charity in United States, based in Upton, MA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Greyhound Rescue of New England Inc reported income of $84k and spending of $67k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $84k (+47%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Greyhound Rescue of New England Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Animals 24-7 ($84k), Hummingbird Society ($84k) and Lobster Foundation of Massachusetts Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $99k against liabilities of $192, net assets of $98k.