2nd Chance Boutique

Analysis

2nd Chance Boutique is a registered charity in United States, based in Woodbury, NJ. It received its IRS tax-exemption ruling in March 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, 2nd Chance Boutique reported income of $111k and spending of $108k, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $117k to $111k (-4.7%), an average of -4.7% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 2nd Chance Boutique sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Westfield Public Library Assn Inc ($111k), United States Bowling Congress Inc ($111k) and Jordanville Public Library ($111k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $11k against liabilities of $62, net assets of $11k.