Second Chances of Union County

Analysis

Second Chances of Union County is a registered charity in United States, based in Marysville, OH. It received its IRS tax-exemption ruling in August 2022, 4 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 Chances of Union County reported income of $430k and spending of $369k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $268k to $430k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Chances of Union County sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Reclaim Childhood Inc ($430k), Merge Memphis Inc ($430k) and Chinese Economic Development Council Inc ($430k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Other salaries and wages came to $114k. At year end it held assets of $214k against liabilities of $77k, net assets of $137k. It reported 12 employees.