Broken Chains Jail & Prison Ministry

Analysis

Broken Chains Jail & Prison Ministry is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in July 2011, 15 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 Jail & Prison Ministry reported income of $931k and spending of $926k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $892k to $931k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Broken Chains Jail & Prison Ministry sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Gethsemane Garden Christian Centre Advisory Board Inc ($930k), Walking the Text ($931k) and Great Commandments Ministries ($930k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $213k (23% of expenses). Other salaries and wages came to $233k. It paid $13k in professional fundraising fees. At year end it held assets of $434k against liabilities of $193k, net assets of $241k. It reported 24 employees.