Second Chance Rescue and Adoption Inc

Analysis

Second Chance Rescue and Adoption Inc is a registered charity in United States, based in Green Brook, NJ. It received its IRS tax-exemption ruling in July 2016, 10 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 Rescue and Adoption Inc reported income of $88k and spending of $98k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $88k (-56%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. 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 Rescue and Adoption Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Mountain Shadows Equine Revival ($88k), Saving Shepherds Rescue ($88k) and Lils Thrift Shop ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $7,750 (7.9% of expenses). Other salaries and wages came to $20k. At year end it held assets of $82k against liabilities of $0, net assets of $82k. It reported 6 employees.