Second Chance Outreach

Analysis

Second Chance Outreach is a registered charity in United States, based in Stanwood, WA. It received its IRS tax-exemption ruling in February 2019, 7 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 2022, Second Chance Outreach reported income of $451k and spending of $470k, spending 104% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $404k to $451k (+12%), an average of +12% a year. 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 Outreach 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 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Raindrop Foundation San Antonio ($451k), Sparrows Nest Inc ($451k) and Stoddard County Targeted Case ($451k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (19% of expenses). Other salaries and wages came to $62k. At year end it held assets of $103k against liabilities of $0, net assets of $103k. It reported 8 employees.