Second Chance Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 87,235 | 58,159 | 29,076 | 25.9 | — |
| 2014 | 103,773 | 85,857 | 17,916 | 20.1 | — |
| 2015 | 108,301 | 110,255 | −1,954 | 15.4 | — |
| 2016 | 87,003 | 144,881 | −57,878 | 7.0 | — |
| 2017 | 166,457 | 165,896 | 561 | 6.1 | — |
| 2018 | 138,664 | 118,391 | 20,273 | 10.6 | — |
| 2019 | 192,200 | 109,356 | 82,844 | 20.6 | — |
| 2020 | 191,556 | 159,479 | 32,077 | 16.5 | — |
| 2021 | 121,171 | 139,435 | −18,264 | 18.0 | — |
| 2022 | 158,825 | 164,218 | −5,393 | 14.9 | — |
In its most recent public year (2022), this organization spent $5,393 more than it brought in. Its reserves stood at about 14.9 months of spending, down from 25.9 in 2013.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Second Chance Ministries's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works