JEmploymentEIN: 522276640· Ruling Year: 2001

Second Chance Inc

Baltimore, Maryland

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.34×
Peer Median4.74×
💰
$13.2M
Total Revenue
📊
$13.2M
Total Expenses
🏦
$17.7M
Net Assets
📋
$5.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.0%
Year-over-year change (2022 → 2023)
Net Margin
-0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.34
Net assets divided by total expenses
Liabilities-to-Assets
23.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,176,2322%$13,199,41711%$23,276,7321%
2022$13,442,5621%$11,900,8766%$23,418,0432%
2021$13,264,52836%$11,179,55420%$22,971,24710%
2020$9,784,96510%$9,352,8883%$20,877,7275%
2019$10,922,769$9,645,7361%$19,878,7925%
2018$10,871,74011%$9,748,2772%$18,890,1049%
2017$12,256,35417%$9,994,59524%$17,406,29911%
2016$10,474,4808%$8,034,442$15,624,23621%
2015$9,677,80854%$8,025,10441%$12,865,29917%
2014$6,286,15510%$5,703,6769%$11,034,7816%
2013$5,730,6941%$5,237,8944%$10,404,2911%
2012$5,666,18523%$5,037,62117%$10,265,446163%
2011$4,605,248$4,299,265$3,903,521

Frequently Asked Questions

What does Second Chance Inc do?

Second Chance Inc is a employment nonprofit organization based in Maryland. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Second Chance Inc financially healthy?

Based on our 9-metric Financial Health Score model, Second Chance Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Second Chance Inc generate?

Second Chance Inc reports $34.8M in annual revenue and holds $24.4M in total assets, based on IRS filings.

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Second Chance Inc — Baltimore, MD | GiveScope