Second Helpings

Analysis

Second Helpings is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in April 1992, 34 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 2023, Second Helpings reported income of $6.7m and spending of $6.7m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $379k to $6.7m (+1670%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 766%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Helpings sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include Centering Healthcare Institute Inc ($6.7m), The Oasis Institute ($6.7m) and Adapt Incorporated ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (1.0% of expenses). Other salaries and wages came to $121k. At year end it held assets of $1.1m against liabilities of $120k, net assets of $975k. It reported 5 employees.