Second Wind Fund Inc

Analysis

Second Wind Fund Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 2010, 16 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, Second Wind Fund Inc reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $617k to $1.1m (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Second Wind Fund Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Diverse Charter Schools Coalition Inc ($1.1m), Andrew Carnegie Free Library ($1.1m) and Chor ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $107k (9.7% of expenses). Other salaries and wages came to $294k. At year end it held assets of $957k against liabilities of $136k, net assets of $821k. It reported 9 employees.