Thesecondopinion
Analysis
Thesecondopinion is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1969, 57 years ago. 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, Thesecondopinion reported income of $415k and spending of $379k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $415k (+7.2%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thesecondopinion sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include National Society United States Daughters of 1812 ($415k), Sullivan County Victim Services ($415k) and Fihankra Akoma Ntoaso Fan ($415k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $93k (25% of expenses). Other salaries and wages came to $77k. At year end it held assets of $512k against liabilities of $8,766, net assets of $503k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Society United States Daughters of 1812 | Washington | $415k |
| Sullivan County Victim Services | Laporte | $415k |
| Fihankra Akoma Ntoaso Fan | Washington | $415k |
| Designed Healthy Living Inc | Glen Allen | $415k |