Second Chance Shelter

Analysis

Second Chance Shelter is a registered charity in United States, based in Boaz, AL. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Shelter reported income of $468k and spending of $471k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $468k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 106% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Second Chance Shelter sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Bridge Home No Kill Animal Rescue ($468k), Anderson County Humane Society Inc ($469k) and Round Valley Animal Rescue ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $44k (9.4% of expenses). Other salaries and wages came to $186k. At year end it held assets of $46k against liabilities of $142k, net assets of -$96k. It reported 30 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.