Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 92% | — | — |
| Overhead ratio | 8% | — | — |
| Fundraising cost ratio | 0.07% | — | — |
| Accounting fee ratio | 0.4% | — | — |
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.
Leadership and pay
Officers, Directors & Key Employees
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Governance & Policies
Mission and programs
Provides grants and outreach to alleviate poverty in Honduras' capital city.
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Where the work happens
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.
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.).
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Funders
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest | $530K | $516K | +0.5% | 990 PDF |
| FY2023 | $527K | $613K | -11% | 990 PDF |
| FY2022 | $595K | $495K | +40% | 990 PDF |
| FY2021 | $426K | $456K | -6% | 990 PDF |
| FY2020 Viewing | $453K | $420K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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