Save Our Strays Inc

Analysis

Save Our Strays Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1973, 53 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 May 2023, Save Our Strays Inc reported income of $122k and spending of $226k, spending 184% of what it took in. Across the 3 years on record, from May 2021 to May 2023, income fell from $235k to $122k (-48%), an average of -28% a year. The sharpest change came in the year to May 2023, when income dropped by 49%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Save Our Strays Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Bostons Forgotten Felines Inc ($122k), Let Them Be Little Feline Rescue ($122k) and Spay Neuter Initiative Program ($122k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $15k. At year end it held assets of $565k against liabilities of $0, net assets of $565k. It reported 3 employees.