Second Chance Rescue Inc

Analysis

Second Chance Rescue Inc is a registered charity in United States, based in Whitestone, NY. It received its IRS tax-exemption ruling in April 2013, 13 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 Rescue Inc reported income of $4.1m and spending of $3.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.1m (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Second Chance Rescue Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include The International Rhino Foundation ($4.1m), Dogs for the Deaf Inc ($4.1m) and Banfield Foundation ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $334k (8.8% of expenses). Other salaries and wages came to $746k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.