Second Chance Sober Living

Analysis

Second Chance Sober Living is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Sober Living reported income of $939k and spending of $922k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $939k (+329%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 261%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Second Chance Sober Living sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Restless Legs Syndrome Foundation Inc ($939k), Runway to Hope Inc ($939k) and Community Health Centers Alliance Inc ($939k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 97% of the total. At year end it held assets of $25k against liabilities of $7,944, net assets of $17k.