Theater Breaking Through Barriers Corp

Analysis

Theater Breaking Through Barriers Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 July 2023, Theater Breaking Through Barriers Corp reported income of $508k and spending of $596k, spending 117% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $337k to $508k (+51%), an average of +11% a year. The sharpest change came in the year to July 2020, when income rose by 80%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Theater Breaking Through Barriers Corp sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Potters House Substance Abuse Center ($508k), Vermont Association of Hospitals and Health Systems Network ($508k) and Mercy Health Fort Smith Communities ($508k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $79k (13% of expenses). Other salaries and wages came to $111k. At year end it held assets of $387k against liabilities of $11k, net assets of $376k. It reported 5 employees.