Greyhounds Only Inc

Analysis

Greyhounds Only Inc is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in March 1997, 29 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, Greyhounds Only Inc reported income of $154k and spending of $127k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $231k to $154k (-33%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Greyhounds Only Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Therapeutic Riding and Off-Track Rehabilitation ($154k), Pit of Our Souls Rescue Inc ($154k) and Native Fish Keepers Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 42% of the total. At year end it held assets of $241k against liabilities of $3,191, net assets of $237k.