Second Wind Dreams Inc

Analysis

Second Wind Dreams Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in March 1998, 28 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 December 2023, Second Wind Dreams Inc reported income of $2.5m and spending of $2.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.5m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Wind Dreams Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Family Extended Care of Punta Gorda Inc ($2.5m), Steps ($2.5m) and YMCA 360 Studios Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $150k (6.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $462k, net assets of $1.3m. It reported 25 employees.