A Second Chance Charitable Foundation

Analysis

A Second Chance Charitable Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, A Second Chance Charitable Foundation reported income of $81k and spending of $33k, leaving 59% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $197k to $81k (-59%), an average of -26% a year. The sharpest change came in the year to June 2023, when income rose by 79908%. Over the whole period it spent 32% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Second Chance Charitable Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include The Opportunity Foundation ($81k), Seville Senior Citizens Corporation ($81k) and Corner Shower and Laundry Inc ($81k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $632k against liabilities of $6,734, net assets of $625k.