Breaking Chains Honduras INC
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Provides grants and outreach to alleviate poverty in Honduras' capital city. For fiscal year 2024 it reported $530K in revenue, $516K in expenses, and $141K in net assets.Pt I
Summary of the Filing
Where the work happens
Education and Vocation Initiative
Education is a key element to breaking the cycle of poverty for families. Breaking chains is committed to lifting families up economically through providing access to education. Through grants, breaking chains sponsors 30 children for quality education opportunities through local, honduran-run schools.
Young adult ministry breaking chains also supports the care of socially at-risk young adults in periods of transition (trying to get off the streets, having aged out of children's home, seeking respite from poor family situations, etc.).
Street outreach and community benevolence breaking chains is committed to the work of showing love by serving those in need via various benevolence initiatives including food, hygiene, medical and living expenses support.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 93% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 1% | — | — |
| Accounting fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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