Atascadero Greyhound Foundation

Analysis

Atascadero Greyhound Foundation is a registered charity in United States, based in Atascadero, CA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atascadero Greyhound Foundation reported income of $74k and spending of $58k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $74k (-71%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atascadero Greyhound Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Ewing Girls Softball Association Inc ($74k), Clovis West Cal Ripken Babe Ruth Baseball Inc ($74k) and Pine Hill Youth Association Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Compensation of current officers, directors and key employees was $35k (61% of expenses). At year end it held assets of $361k against liabilities of $0, net assets of $361k.