Broken Chains Missionary Church

Analysis

Broken Chains Missionary Church is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Missionary Church reported income of $63k and spending of $78k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $63k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Broken Chains Missionary Church sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within NV. Charities of a similar size with the same main cause include Dagom Gaden Tensung Ling Buddhist Culture Center Inc ($63k), Change Soul Inc ($63k) and A New Beginning Gods House of Praise Ministry Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.