Second Chance of Northwest Florida Inc

Analysis

Second Chance of Northwest Florida Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Chance of Northwest Florida Inc reported income of $143k and spending of $147k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $168k to $143k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Second Chance of Northwest Florida Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Haynes House of Hope Inc ($143k), Missionary Care International ($143k) and Society for Thermal Medicine ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $57k. At year end it held assets of $81k against liabilities of $2,133, net assets of $79k. It reported 5 employees.