Second Chance at Renewing Self Inc

Analysis

Second Chance at Renewing Self Inc is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in March 2017, 9 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, Second Chance at Renewing Self Inc reported income of $92k and spending of $96k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $92k (+733%), an average of +733% a year. The sharpest change came in the year to December 2023, when income rose by 733%. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Chance at Renewing Self Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include 1 Day at a Time ($92k), Mission Ispossible Foundation Inc ($92k) and Daniels Dynasty Child Care Center Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.