Broken Chains International Inc

Analysis

Broken Chains International Inc is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in November 1986, 40 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 2022, Broken Chains International Inc reported income of $942k and spending of $1.0m, spending 108% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $504k to $942k (+87%), an average of +17% a year. The sharpest change came in the year to December 2019, when income rose by 42%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Broken Chains International Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Boy Scouts of America ($942k), Shiloh Bible Camp Inc ($943k) and Hospital Thrift Shop Inc ($942k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $410k. It paid $6,638 in professional fundraising fees. At year end it held assets of $317k against liabilities of $0, net assets of $317k. It reported 10 employees.