Second Chance of St Cloud

Analysis

Second Chance of St Cloud is a registered charity in United States, based in St Cloud, FL. It received its IRS tax-exemption ruling in September 2021, 5 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 Chance of St Cloud reported income of $94k and spending of $77k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $94k (+8.2%), an average of +8.2% a year. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Chance of St Cloud sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Ujc Holdings Inc ($94k), Vertice Corporation for Local Development ($94k) and Family Day Ministries Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.8% of the total. At year end it held assets of $58k against liabilities of $4,371, net assets of $54k.