No Chain

Analysis

No Chain is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, No Chain reported income of $54k and spending of $49k, spending 90% of its income. Across the 2 years on record, from December 2020 to December 2023, income fell from $69k to $54k (-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 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, No Chain sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 11th percentile within DC. Charities of a similar size with the same main cause include Denver Committee on Foreign Relations ($54k), Elephant Care International ($54k) and Heavens Garden Ministries Inc ($54k).

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 $47k against liabilities of $32k, net assets of $15k.