Lets Breakthrough Inc

Analysis

Lets Breakthrough Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 March 2023, Lets Breakthrough Inc reported income of $396k and spending of $1.1m, spending 283% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $468k to $396k (-15%), an average of -4.1% a year. The sharpest change came in the year to March 2020, when income rose by 289%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Lets Breakthrough Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Project Lift Behavioral Health Services ($396k), Thaise Educational and Exposure Tours Inc ($396k) and Peacemaker Resources ($396k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 94% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $258k (23% of expenses). Other salaries and wages came to $153k. At year end it held assets of $893k against liabilities of $797k, net assets of $96k. It reported 10 employees.