Overview

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Est.

2005

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Second Chances Inc is a nonprofit organization dedicated to providing homeless services and basic emergency aid by repurposing donated clothing, shoes, and accessories to support community members in need. With an operating budget of $262.8K and total revenue of $255.6K for the fiscal year 2024, the organization focuses on diverting waste from landfills while helping individuals take their first steps toward brighter futures. Second Chances Inc does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.secondchances.org.

Mission Statement

Second Chances puts donated clothing to work for our community, diverting clothing, shoes, and accessories from local landfills while helping our neighbors in need take their first steps toward brighter futures.
Revenues
$255.6K
Expenses
$262.8K
Net Income:
-$7.2K
Assets
$408.3K
Liabilities
$14.5K
Net Assets:
+$393.9K
Operating Budget
$262.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
10
Median grant size
$8.4K
Largest grant received
$21.3K
A
Amanda Adams
Board Member
J
Jessica Callaghan
Employee
W
Winnie Lee
Employee

Frequently Asked Questions

What is Second Chances Inc’s budget?
In 2024, Second Chances Inc reported an annual operating budget of around $263 thousand. More detailed financial information is available to registered users.
What causes does Second Chances Inc support?
Second Chances Inc supports work in Basic and emergency aid and Homeless services.
Where does Second Chances Inc operate?
Second Chances Inc is headquartered in Somerville, MA.
Who funded Second Chances Inc recently?
In 2025, Second Chances Inc received grants from CAMBRIDGE COMMUNITY FOUNDATION, The Bay State Federal Savings Charitable Foundation, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant Second Chances Inc received in 2024?
The largest grant to Second Chances Inc in 2024 exceeds $21 thousand.