Project Second Chance

Analysis

Project Second Chance is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Project Second Chance reported income of $322k and spending of $34k, leaving 89% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $82k to $322k (+291%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 114%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Second Chance sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Islands Oil Spill Association ($322k), University of Medical Sciences Arizona ($322k) and Kidzone Inc ($322k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.