David Woodle, interim president and chief executive of The Second Mile, tells The Associated Press the charity can probably hold out another three or four months before it will have to shut down altogether.
The Second Mile was financially crippled by the child-sex abuse scandal involving Sandusky, its founder and onetime public face.
It's seeking court approval to transfer programs and millions of dollars in assets to Houston-based Arrow Child & Family Ministries Inc., but lawyers for some Sandusky victims are opposed.
A new judge was assigned to the case last week.