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Destined to Win-Second Chance Ranch Inc

RegisteredEIN 20-1254789Bryant, ARPoverty relief
Income$2.3m2023-12
Spending$1.5msame year
Spent / received64%5-year average
Size in its cause85th pctPoverty relief
Exempt since2004Publicly supported organisat
Employees2latest return

Analysis

Destined to Win-Second Chance Ranch Inc is a registered charity in United States, based in Bryant, AR. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Destined to Win-Second Chance Ranch Inc reported income of $2.3m and spending of $1.5m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.3m (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Destined to Win-Second Chance Ranch Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within AR. Charities of a similar size with the same main cause include New Horizons Disability Empowerment Center ($2.3m), Cornerstone Adult Services ($2.3m) and Richmeier Therapeutic Homeincorporated ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 54% of the total. Other salaries and wages came to $453k. At year end it held assets of $5.3m against liabilities of $79k, net assets of $5.2m. It reported 2 employees.

Income and spending

$0$582k$1.2m$1.7m$2.3m2019 Income: $1,119,0372019 Spending: $837,11920192020 Income: $1,400,1312020 Spending: $870,11120202021 Income: $1,782,4632021 Spending: $978,56120212022 Income: $1,952,3502022 Spending: $1,305,40920222023 Income: $2,326,7432023 Spending: $1,528,9102023
IncomeSpending

Where the income comes from

  • Contributions & grants 35%
  • Program services 54%
  • Other 11%

Similar-sized charities, same cause

CharityLocationIncome
New Horizons Disability Empowerment CenterPrescott Vly$2.3m
Cornerstone Adult ServicesWarwick$2.3m
Richmeier Therapeutic HomeincorporatedToledo$2.3m
Faith Mission & Help Center IncBrenham$2.3m