Second Grace Inc

Analysis

Second Grace Inc is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Grace Inc reported income of $64k and spending of $52k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $23k to $64k (+172%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 708%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Second Grace Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Alliance of the Texas Dental Association ($64k), Poinsettia School Parent Teacher Organization ($64k) and Asian Chamber Foundation ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (58% of expenses). At year end it held assets of $38k against liabilities of $380, net assets of $37k. It reported 1 employees.