Second Chance Global

Analysis

Second Chance Global is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in September 2016, 10 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 June 2024, Second Chance Global reported income of $677k and spending of $700k, spending 103% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $254k to $677k (+167%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 127%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Chance Global sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Rising Against All Odds Inc ($677k), National Progress Alliance ($677k) and Cornerstone FH Charitable Foundation ($677k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $195k (28% of expenses). At year end it held assets of $451k against liabilities of $127k, net assets of $324k. It reported 5 employees.