Chains Interrupted

Analysis

Chains Interrupted is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chains Interrupted reported income of $259k and spending of $279k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $260k to $259k (-0.5%), an average of -0.5% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chains Interrupted sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Peter Maurin Center of Akron ($259k), Sacred Heart Catholic Mission Incorporated ($259k) and Fort Lee Assistance and Support Housing Corporation ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $84k (30% of expenses). Other salaries and wages came to $90k. At year end it held assets of $105k against liabilities of $1,276, net assets of $104k. It reported 6 employees.