Second Chance International Ministries Inc

Analysis

Second Chance International Ministries Inc is a registered charity in United States, based in Apopka, FL. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 International Ministries Inc reported income of $349k and spending of $90k, leaving 74% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $121k to $349k (+189%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Second Chance International Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Federation of Ministers and Churches Inc ($349k), Northeast Oregon Compassion Center Inc ($349k) and The River International ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.1m against liabilities of $1.4m, net assets of $680k.