Second Chance Housing

Analysis

Second Chance Housing is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Housing reported income of $66k and spending of $69k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $66k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Second Chance Housing sits at the 15th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IA. Charities of a similar size with the same main cause include Town and Country Lodges Inc ($66k), Specialized Housing V Incorporated ($66k) and Life Concepts Independent Living II Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.