Second Helpings Inc

Analysis

Second Helpings Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2024, Second Helpings Inc reported income of $11.1m and spending of $11.7m, spending 105% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.7m to $11.1m (+44%), an average of +7.5% a year. The sharpest change came in the year to June 2020, when income rose by 95%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Helpings Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Jewish Community Alliance Inc ($11.1m), Ralph Scott Lifeservices Inc ($11.1m) and Keren Hatzedaka Inc ($11.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $157k (1.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $18.4m against liabilities of $251k, net assets of $18.1m. It reported 43 employees.