Breakthrough Louisville Inc

Analysis

Breakthrough Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2000, 26 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 December 2023, Breakthrough Louisville Inc reported income of $112k and spending of $173k, spending 154% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $190k to $112k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Breakthrough Louisville Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within KY. Charities of a similar size with the same main cause include Lehighton Athletic Booster Club ($112k), Pueblo Central High School Foundation ($112k) and Western Electrical Contractors Education Foundation ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.