Place Ofa Second Chance

Analysis

Place Ofa Second Chance is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in January 2013, 13 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 2022, Place Ofa Second Chance reported income of $79k and spending of $74k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $65k to $79k (+22%), an average of +11% a year. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Place Ofa Second Chance sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Awwland ($79k), His Cavvy Foundation ($79k) and Friends of the Southborough Council on Aging Inc ($79k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,416 against liabilities of $5,416, net assets of $0.