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Greyhound Welfare Inc

RegisteredEIN 26-0024183Montgomry VLG, MDAnimals
Income$68k2023-12
Spending$97ksame year
Spent / received127%2-year average
Size in its cause29th pctAnimals
Exempt since2002Publicly supported organisat
Employees–latest return

Analysis

Greyhound Welfare Inc is a registered charity in United States, based in Montgomry VLG, MD. It received its IRS tax-exemption ruling in February 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 (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 Welfare Inc reported income of $68k and spending of $97k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $68k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 127% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Greyhound Welfare Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Brambley Hedge Rabbit Rescue Inc ($68k), Long Island Wildfowl Heritage Group Ltd ($68k) and Save a Kitty Feral Cat Program Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $45k against liabilities of $25, net assets of $45k.

Income and spending

$0$24k$49k$73k$97k2022 Income: $50,5362022 Spending: $53,48220222023 Income: $67,9702023 Spending: $97,1082023
IncomeSpending

Where the income comes from

  • Contributions & grants 57%
  • Program services 43%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Brambley Hedge Rabbit Rescue IncScottsdale$68k
Long Island Wildfowl Heritage Group LtdAquebogue$68k
Save a Kitty Feral Cat Program IncParkersburg$68k
Fostercat IncPittsburgh$68k