Second Chance Pet Adoptions Inc

Analysis

Second Chance Pet Adoptions Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2023, Second Chance Pet Adoptions Inc reported income of $863k and spending of $932k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $616k to $863k (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2021, when income rose by 166%. Over the whole period it spent 80% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Second Chance Pet Adoptions Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Shawano County Humane Society Inc ($863k), Siskiyou Humane Society Inc ($864k) and Save Our Seabirds Inc ($862k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 11% of the total. Other salaries and wages came to $331k. At year end it held assets of $1.6m against liabilities of $94k, net assets of $1.5m. It reported 9 employees.