Elite Greyhound Adoptions Inc

Analysis

Elite Greyhound Adoptions Inc is a registered charity in United States, based in Paris, KY. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2022, Elite Greyhound Adoptions Inc reported income of $131k and spending of $204k, spending 155% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $307k to $131k (-57%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 71%. Over the whole period it spent 140% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Elite Greyhound Adoptions Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Rescue for PTSD ($131k), Helpless Hounds Dog Rescue ($131k) and Gray Fishtag Research Inc ($131k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $325k, net assets of -$233k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.