Broken Chains for Humanity Inc

Analysis

Broken Chains for Humanity Inc is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Broken Chains for Humanity Inc reported income of $290k and spending of $121k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $290k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Broken Chains for Humanity Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Learning Paragigm ($290k), Players Guild of Dearborn Inc ($290k) and Southeast Linn Community Center Corporation ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $949 in professional fundraising fees. At year end it held assets of $158k against liabilities of $0, net assets of $158k.