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Second Nature Inc

RegisteredEIN 04-3195772Cambridge, MAOther charitable purposes
Income$2.4m2023-06
Spending$2.1msame year
Spent / received81%4-year average
Size in its cause86th pctOther charitable purposes
Exempt since1993Publicly supported organisat
Employees17latest return

Analysis

Second Nature Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Second Nature Inc reported income of $2.4m and spending of $2.1m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $2.4m (+17%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Second Nature Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Stone Ridge Foundation ($2.4m), St Felix Pantry Inc ($2.4m) and Brookview Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $329k (16% of expenses). Other salaries and wages came to $914k. At year end it held assets of $2.5m against liabilities of $207k, net assets of $2.3m. It reported 17 employees.

Income and spending

$0$714k$1.4m$2.1m$2.9m2020 Income: $2,025,1822020 Spending: $1,816,31620202021 Income: $1,998,4962021 Spending: $1,588,36720212022 Income: $2,856,6132022 Spending: $1,941,23320222023 Income: $2,378,2522023 Spending: $2,118,3132023
IncomeSpending

Where the income comes from

  • Contributions & grants 81%
  • Program services 17%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
Stone Ridge FoundationAltavista$2.4m
St Felix Pantry IncRio Rancho$2.4m
Brookview IncRhinebeck$2.4m
Young Mens Christian Association of Berwick PennsylvaniaBerwick$2.4m