Second Mile Center

Analysis

Second Mile Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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, Second Mile Center reported income of $476k and spending of $449k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $491k to $476k (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Second Mile Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Minority Veterans of America ($476k), Bloom Center for Art and Integrated Therapies LLC ($476k) and Sussex County Community College Foundation ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $68k (15% of expenses). Other salaries and wages came to $221k. At year end it held assets of $362k against liabilities of $4,470, net assets of $358k. It reported 15 employees.