Greyhound Friends of New Jersey

Analysis

Greyhound Friends of New Jersey is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in May 2002, 24 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, Greyhound Friends of New Jersey reported income of $243k and spending of $251k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $296k to $243k (-18%), an average of -6.4% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 124% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Greyhound Friends of New Jersey sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Rappahannock Animal Welfare League ($243k), Bright and Beautiful Therapy Dogs Inc ($243k) and Humane Society of Ottawa County ($243k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $42k (17% of expenses). At year end it held assets of $83k against liabilities of $0, net assets of $83k. It reported 1 employees.

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.