Nittany Greyhounds

Analysis

Nittany Greyhounds is a registered charity in United States, based in Port Matilda, PA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nittany Greyhounds reported income of $353k and spending of $313k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $353k (+88%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nittany Greyhounds sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Elkader Community Child Care and Learning Center ($353k), Loaves and Fishes Food Pantry of Maries County Inc ($353k) and Friendship Community Center Inc ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $68k. At year end it held assets of $860k against liabilities of $324k, net assets of $536k. It reported 8 employees.