2nd Chance Ms Inc

Analysis

2nd Chance Ms Inc is a registered charity in United States, based in Oxford, MS. It received its IRS tax-exemption ruling in September 2016, 10 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 December 2023, 2nd Chance Ms Inc reported income of $326k and spending of $238k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $326k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 2nd Chance Ms Inc 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 MS. Charities of a similar size with the same main cause include Hippy of Monroe County Al Inc ($326k), Lets Learn Inc ($326k) and Hudson Taylor University Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $427k against liabilities of $115, net assets of $427k. It reported 1 employees.