Broken Chains Recovery Center
Analysis
Broken Chains Recovery Center is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Broken Chains Recovery Center reported income of $165k and spending of $222k, spending 135% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $200k to $165k (-18%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 105% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Broken Chains Recovery Center sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Manasquan First Aid Squad ($165k), Tobacco-Free Alliance ($165k) and Circle of Hope Inc ($165k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (15% of expenses). At year end it held assets of $41k against liabilities of $39k, net assets of $1,568.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Manasquan First Aid Squad | Manasquan | $165k |
| Tobacco-Free Alliance | Saint Paul | $165k |
| Circle of Hope Inc | Newhall | $165k |
| Bennies Barn Inc | Enid | $165k |