2nd Mile Ministries

Analysis

2nd Mile Ministries is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 2004, 22 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, 2nd Mile Ministries reported income of $594k and spending of $212k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $594k (+155%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 2nd Mile Ministries sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Madonna Mission ($594k), Jason Taylor Foundation Inc ($594k) and Resources for Independence Inc ($594k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $108k. At year end it held assets of $572k against liabilities of $91k, net assets of $480k. It reported 7 employees.