Second Chance Thoroughbreds

What Second Chance Thoroughbreds does

Second Chance Thoroughbreds, Inc. is a 501(c)(3) nonprofit charitable organization (EIN# 46-1182639) founded in 2012 and headquartered at 121 Dawson Hill Road in Spencer, New York. The organization rescues, rehabilitates, and rehomes retired thoroughbred racehorses (off-track thoroughbreds, or OTTBs) sourced primarily from Finger Lakes Race Track and at-risk auctions. Each horse undergoes a minimum 30-day evaluation covering physical and behavioral assessment, full veterinary care (shots, worming, hoof, and dentistry), and retraining matched to the individual horse's aptitude. Adopters are matched to horses for second careers in hunters, jumpers, eventing, dressage, barrel racing, pleasure, trail, and companion roles under a contract prohibiting racing, auction resale, and breeding, with right of first refusal retained by the organization.

The organization's product surface extends beyond core adoption into several supporting programs: the Social Club Initiative Gelding Program (low-cost gelding procedures, 29+ colts/stallions gelded since 2012), the Rainbow Bridge Fund (emergency funding for humane euthanasia, established 2019), the Cool Blue Moon Hay Bank (community winter hay assistance), an English riding lesson program ($40/hour) and summer riding camp for children ages 7+, and the annual Thoroughbred Jubilee Benefit Horse Show. All operations are run by an entirely volunteer staff of 1-10 people, with no paid employees.

The revenue model is hybrid and donor-dependent. Adoption fees range $500-900 per horse and are structured as one-time payments. The lesson program charges per-session unit pricing. The bulk of operating support comes from tax-deductible individual donations (via PayPal, check, AmazonSmile, and iGive) and grants, including 2025 Grantee status from Thoroughbred Charities of America (TCA). The organization holds TAA Accredited Organization status (2024-2025), GFAS verification (2023), Guardian Seal recognition (2025), and is a partner in The Right Horse Initiative (ASPCA), Take the Lead Program, and State Line Tack's Ride It Forward Program. Distribution is direct from the Spencer, NY facility by appointment, supplemented by listing on the My Right Horse adoption marketplace.

Name

Second Chance Thoroughbreds

Legal name

Second Chance Thoroughbreds, Inc.

Website

https://secondchancethoroughbreds.org

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Second Chance Thoroughbreds is an all-volunteer 501(c)(3) nonprofit in Spencer, New York that rescues, rehabilitates, and rehomes retired thoroughbred racehorses through direct adoption, supported by donations, grants, and an English riding lesson program.

Ownership category

akta.pro rank

Product category

Equine Rescue and Rehabilitation Services

NAICS

Support Activities for Animal Production (1152)

SIC

Agricultural Services (700)

akta.pro primary industry

Sport/Show Horse Training & Performance Programs (AFAEAGAF)

akta.pro secondary industry

Equine Veterinary, Welfare & Anti-Doping Services (MPAEADAJ)

Keywords

• Thoroughbred rescue
• Racehorse rehabilitation
• Equine adoption services
• Horse retraining programs
• Thoroughbred aftercare

Headquarters

HQ city

Spencer

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Supply Chain, Others

Revenue model

1. Adoption Fees: Fees charged for adoption of retired thoroughbred horses, ranging $500-900 depending on training level and any limitations
2. Donations: Tax-deductible charitable donations from individuals supporting thoroughbred aftercare. Accepts PayPal, check, AmazonSmile, and iGive programs.
3. Lesson Program: English riding lessons for children and adults ages 7+, focusing on beginners at $40/hour or $20/half hour for young children

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Second Chance Thoroughbreds rescues, rehabilitates, retrains, and rehomes retired thoroughbred racehorses sourced primarily from Finger Lakes Race Track and at-risk sales. Each horse undergoes a 30-day minimum evaluation, full veterinary care, and discipline-matched retraining before being placed with vetted adopters under a no-racing/no-auction/no-breeding contract. Adoption fees range from $500 to $900 depending on training level and any physical limitations.

Product overview

Second Chance Thoroughbreds operates as a single-purpose nonprofit providing comprehensive thoroughbred aftercare services. The core offering is the retired thoroughbred retraining and adoption program, which assesses, rehabilitates, and rehomes off-track thoroughbreds from Finger Lakes Race Track and at-risk sales. Supporting programs include an English riding lesson program, the Social Club Initiative Gelding Program (low-cost gelding procedures), Rainbow Bridge Fund (emergency euthanasia services), Cool Blue Moon Hay Bank (community hay assistance), Thoroughbred Jubilee Benefit Horse Show, and summer riding camps. All thoroughbreds are adopted under no racing/no auction/no breeding contracts with right of first refusal.

Differentiator

Problem solved

Functional benefit

Products and services

• Retired Thoroughbred Retraining and Adoption Core service providing assessment, downtime, retraining, and adoption placement for retired thoroughbred racehorses sourced primarily from Finger Lakes Race Track. Horses undergo evaluation, rehabilitation as needed, and are matched with suitable riders for disciplines including hunters, jumpers, eventing, dressage, barrel racing, pleasure, trail, and companion roles. Adoption fees range $500-$900 depending on training level and any physical limitations; horses placed under no-racing/no-auction/no-breeding contract with right of first refusal.
• English Riding Lesson Program English riding lessons for children and adults ages 7+, focusing on beginner instruction using seasoned lesson horses including some thoroughbreds. Offered Monday-Saturday, late mornings at $40/hour or $20/half hour for children under 9.
• Summer Riding Camp Week-long summer camp programs for children ages 7+ featuring horse riding instruction and education about thoroughbred care.
• Social Club Initiative Gelding Program Program offering vouchers and low-cost gelding procedures for colts/stallions in the local community to combat over-breeding and backyard breeding, with hosted gelding clinics. Has helped geld 29 colts and stallions since 2012.

Quantifiable outcome

• Social Club Initiative Gelding Program helped geld 29 colts/stallions since 2012
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• The Right Horse Initiative (ASPCA)coreStrategic or Co-development PartnerPartner in The Right Horse Initiative, a program of the ASPCA. Collective of industry professionals and equine welfare advocates working together to improve lives of horses in transition through dialogue of kindness and respect. Second Chance Thoroughbreds works with TRH to promote the bond between horses and humans.
• State Line Tack - Ride It Forward ProgramminorGTM or Marketing PartnerParticipant in State Line Tack's Ride It Forward Program, connecting rescue organizations with support through wishlists and donations.
• Take the Lead ProgramcoreStrategic or Co-development PartnerProgram accepting horses donated through Take the Lead initiative for retired thoroughbred placement, working with racing connections to facilitate donations.
• Thoroughbred Aftercare Alliance (TAA)coreOthersTAA Accredited Organization meeting standards for thoroughbred aftercare. Accreditation indicates compliance with industry best practices.
• NY Thoroughbred Breeding and Development FundminorGTM or Marketing PartnerMajor sponsor of the Thoroughbred Jubilee Benefit Horse Show, supporting events that showcase retrained thoroughbreds.
• Jockey Club TIPminorGTM or Marketing PartnerTIP program sponsors benefit horse shows and classes showcasing retired thoroughbreds in competition.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Thoroughbred Charities of America (TCA): Grant-making nonprofit that funds Second Chance and dozens of other accredited aftercare organizations. Comparable as an umbrella body governing standards and funding for the same OTTB welfare segment where Second Chance operates.
• The Right Horse Initiative (ASPCA): ASPCA-led industry initiative that Second Chance is a partner in. Operates the My Right Horse adoption marketplace and accreditation framework used by Second Chance, governing the same welfare and rehoming segment.

Direct peers

• ReRun Thoroughbred Adoption: Northeast-based thoroughbred rescue and adoption nonprofit that retrains off-track thoroughbreds and matches them with adopters. Operates with similar intake-to-adoption workflow and discipline-diverse retraining as Second Chance.
• Thoroughbred Retirement Foundation: The largest U.S. thoroughbred aftercare nonprofit, operating multiple farm facilities. Directly comparable as a 501(c)(3) rescuing and rehoming retired racehorses with adoption and sanctuary programs like Second Chance.
• New Vocations Racehorse Adoption Program: Founded in 1992, New Vocations is one of the oldest OTTB rehoming organizations with regional facilities and a retraining-then-adoption model that closely mirrors Second Chance Thoroughbreds' core service.
• After The Finish Line: Midwest-based thoroughbred aftercare nonprofit providing rescue, rehabilitation, and adoption services. Closely comparable 501(c)(3) structure, volunteer-driven model, and OTTB-only focus as Second Chance Thoroughbreds.
• CANTER (Communication Alliance to Network Thoroughbred Ex-Racehorses): CANTER operates regional chapters that take ex-racehorses directly from tracks, retrain them, and place them with adopters—directly comparable to Second Chance's Finger Lakes intake and discipline-specific retraining approach.
• Old Friends (Thoroughbred Retirement): Retirement facility for Thoroughbreds with both sanctuary and adoption functions. Comparable as a 501(c)(3) focused on retrained/adopted OTTBs, though with a stronger tourism/visit-the-horses model than Second Chance's Spencer-NY facility.

Regional players

• Finger Lakes Thoroughbred Adoption Program (FLTAP): Local Finger Lakes / New York regional aftercare program sourcing horses from the same Finger Lakes Race Track supply as Second Chance. Operates in overlapping geography and competes for local New York donors and adopters.

Others

• Equine Rescue Network: Aggregator and directory connecting equine rescues with potential adopters and donors across the U.S. Comparable as an enabling/ecosystem participant in the same OTTB adoption pipeline Second Chance operates in.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/secondchancetbs
• Facebookfacebook.com/SecondChanceThoroughbreds
• Instagraminstagram.com/secondchancetbs

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Second Chance Thoroughbreds