Second Chance Ministries Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 153,209 | 34,319 | 118,890 | 41.6 | — |
| 2022 | 240,264 | 352,814 | −112,550 | 0.6 | 42% |
| 2023 | 388,545 | 380,025 | 8,520 | 0.0 | 25% |
In its most recent public year (2023), this organization brought in $8,520 more than it spent. Its reserves stood at about 0 months of spending, down from 41.6 in 2021. Staff pay was 25% of spending.
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 2023. 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 Corp's IRS filings as a feed — one entry per filing year, through 2023. 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