Breaking Free

Analysis

Breaking Free is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Breaking Free reported income of $2.1m and spending of $1.8m, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $2.1m (+49%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Breaking Free sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Corazon Ministries Inc ($2.1m), Sharing Ministries Inc ($2.1m) and Western Assemblies Home ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $269k (15% of expenses). Other salaries and wages came to $464k. At year end it held assets of $1.3m against liabilities of $547k, net assets of $704k. It reported 23 employees.