Second Chance Thoroughbreds Inc

Analysis

Second Chance Thoroughbreds Inc is a registered charity in United States, based in Spencer, NY. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Second Chance Thoroughbreds Inc reported income of $71k and spending of $71k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $71k (-4.3%), an average of -4.3% a year. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Second Chance Thoroughbreds Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include A New Dawn Animal Rescue ($71k), Akron Canine Rescued Angels ($71k) and Watonwan County Humane Society ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.