Second Chance Ministry

Analysis

Second Chance Ministry is a registered charity in United States, based in College Grove, TN. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Second Chance Ministry reported income of $72k and spending of $72k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $72k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Second Chance Ministry sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within TN. Charities of a similar size with the same main cause include Oakfield Housing Inc ($72k), Jeremiah Development NFP ($72k) and Rohlffs Manor Eah Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.