Second Start Learning Disabilities Program

Analysis

Second Start Learning Disabilities Program is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Second Start Learning Disabilities Program reported income of $4.6m and spending of $4.8m, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.2m to $4.6m (-11%), an average of -3.8% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Second Start Learning Disabilities Program sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Continuing Education Company ($4.6m), Resources for Independent Living Inc ($4.6m) and Foothills Educational Foundation ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $143k (3.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $4.1m against liabilities of $1.3m, net assets of $2.8m. It reported 59 employees.