American Donkey & Mule Society Inc

Analysis

American Donkey & Mule Society Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in June 1974, 52 years ago. 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 August 2024, American Donkey & Mule Society Inc reported income of $66k and spending of $83k, spending 126% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income fell from $79k to $66k (-16%), an average of -4.2% a year. The sharpest change came in the year to August 2023, when income rose by 31%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Donkey & Mule Society Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($66k), Joseph Land Scholarship Fund ($66k) and Saint Gabriel Eastern Orthodox Mission of Lafayette ($66k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $58k (70% of expenses). At year end it held assets of $29k against liabilities of $2,382, net assets of $27k. It reported 3 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.