2nd Chance Outreach Ministries

Analysis

2nd Chance Outreach Ministries is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in January 1970, 56 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, 2nd Chance Outreach Ministries reported income of $148k and spending of $121k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $156k to $148k (-4.9%), an average of -4.9% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 2nd Chance Outreach Ministries sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Newborn Hope Incorporated ($148k), Vows Inc ($148k) and Studio Players ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $215k against liabilities of $380, net assets of $215k.