A Second Chance Inc

Analysis

A Second Chance Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 1994, 32 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 June 2023, A Second Chance Inc reported income of $33.0m and spending of $33.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $41.0m to $33.0m (-20%), an average of -5.3% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Second Chance Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Foothill Family Service ($33.0m), Community Action Partnership of Madera County Inc ($33.0m) and Young Mens Christian Association of Metro North Inc ($32.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $660k (2.0% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $8.0m against liabilities of $3.9m, net assets of $4.2m. It reported 276 employees.