Leader Breakthru Inc

Analysis

Leader Breakthru Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Leader Breakthru Inc reported income of $145k and spending of $162k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $222k to $145k (-35%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Leader Breakthru Inc 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 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Faithcare Inc ($145k), Encountering Hope Ministriesincorporated ($145k) and Savannah Church of Christ Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.