Heartland Greyhound Adoption

Analysis

Heartland Greyhound Adoption is a registered charity in United States, based in Bondurant, IA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heartland Greyhound Adoption reported income of $56k and spending of $57k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $90k to $56k (-37%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heartland Greyhound Adoption sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IA. Charities of a similar size with the same main cause include Charlies Guys ($56k), Joy Mission Inc ($56k) and Womens Civic Club of the Borough of Stone Harbor ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 36% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.

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.