Breakthrough Greater Boston Inc

Analysis

Breakthrough Greater Boston Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Breakthrough Greater Boston Inc reported income of $4.2m and spending of $3.9m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $4.2m (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2021, when income rose by 59%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Breakthrough Greater Boston Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Hope Center for Autism Inc ($4.2m), Herbert H Lehman College Foundation Inc ($4.2m) and Colorado International Language Academy ($4.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $355k (9.2% of expenses). Other salaries and wages came to $2.0m. It paid $27k in professional fundraising fees. At year end it held assets of $9.5m against liabilities of $425k, net assets of $9.1m. It reported 192 employees.