2nd Chance University

Analysis

2nd Chance University is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 University reported income of $117k and spending of $108k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $117k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 93% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, 2nd Chance University sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Portlight Strategies Inc ($117k), Inland Empire Future Leaders Program ($117k) and Pilgrim Advocates Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. At year end it held assets of $34k against liabilities of $8,695, net assets of $26k.