Second Day Impact Inc

Analysis

Second Day Impact Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in August 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 2023, Second Day Impact Inc reported income of $381k and spending of $353k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $216k to $381k (+76%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Day Impact Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Freely in Hope ($381k), Bountiful Blessings Inc ($381k) and Childrens Policy & Law Initiative of Indiana ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $99k (28% of expenses). Other salaries and wages came to $8,098. At year end it held assets of $174k against liabilities of $39k, net assets of $135k. It reported 5 employees.