Second Chance Living Pmi Corporation

Analysis

Second Chance Living Pmi Corporation is a registered charity in United States, based in Harvey, LA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Second Chance Living Pmi Corporation reported income of $137k and spending of $113k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $137k (+158%), an average of +158% a year. The sharpest change came in the year to December 2023, when income rose by 158%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Chance Living Pmi Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within LA. Charities of a similar size with the same main cause include Junior Council ($137k), Namyausa ($137k) and Patches of Light ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 5.2% of the total. At year end it held assets of $42k against liabilities of $5,331, net assets of $36k.