Breakthrough of Greater Philadelphia Inc

Analysis

Breakthrough of Greater Philadelphia Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Breakthrough of Greater Philadelphia Inc reported income of $1.1m and spending of $928k, spending 88% of its income. Across the 5 years on record, from August 2019 to June 2023, income grew from $476k to $1.1m (+121%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 379%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Breakthrough of Greater Philadelphia Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Alnayzak - Jerusalem Innovation Park Ra ($1.1m), Childrens Museum of the Sequoias Inc ($1.1m) and Joint Apprentice Committee of the PLMB Pipeftg Air Cond & Refrif Ind ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $2.5m against liabilities of $858k, net assets of $1.7m.