Project Second Chance Inc

Analysis

Project Second Chance Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Project Second Chance Inc reported income of $108k and spending of $108k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $108k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Project Second Chance Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Companion Golden Retriever Rescue Program ($108k), North Florida Rescue ($108k) and Anguilla Freedom Flyer Dog Rescue ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $8,832 against liabilities of $0, net assets of $8,832.