Second Life Resale Shoppe Inc

Analysis

Second Life Resale Shoppe Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Second Life Resale Shoppe Inc reported income of $1.7m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $924k to $1.7m (+79%), an average of +16% a year. The sharpest change came in the year to May 2021, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Second Life Resale Shoppe Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Leaders in Tech Inc ($1.7m), Blueprint Texas ($1.7m) and Laconia Christian Academy Inc ($1.7m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $521k. At year end it held assets of $1.9m against liabilities of $478k, net assets of $1.5m. It reported 33 employees.