Project Second Chance Monroe

Analysis

Project Second Chance Monroe is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Project Second Chance Monroe reported income of $157k and spending of $177k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $78k to $157k (+102%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 146%. Over the whole period it spent 44% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Second Chance Monroe sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Class Matters Inc ($157k), Regents of the University of Minnesota ($158k) and Lake Hamilton Ffa Alumni Association ($157k).

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 $308k against liabilities of $0, net assets of $308k.