Second St & Hope Inc

Analysis

Second St & Hope Inc is a registered charity in United States, based in Jefferson, MD. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Second St & Hope Inc reported income of $117k and spending of $111k, spending 96% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $105k to $117k (+11%), an average of +3.6% a year. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Second St & Hope Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Pockets of Light Inc ($117k), Lifering Inc ($117k) and Grains of Good Foundation ($117k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 7.2% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.