Breakthrough Public Schools

Analysis

Breakthrough Public Schools is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Breakthrough Public Schools reported income of $9.9m and spending of $9.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $9.9m (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Breakthrough Public Schools sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Libertas School ($9.9m), Washington Waldorf School Inc ($9.9m) and Henrico Education Foundation Incorporated ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 67% of the total. Other salaries and wages came to $4.6m. At year end it held assets of $2.8m against liabilities of $1.8m, net assets of $908k.