International Breakthrough Ministries Inc

Analysis

International Breakthrough Ministries Inc is a registered charity in United States, based in Bartonville, TX. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, International Breakthrough Ministries Inc reported income of $344k and spending of $387k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $344k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International Breakthrough Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Health Education and Literacy Providers Inc ($344k), PJFM Inc ($344k) and Muslim Association of Hawaii Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $231k (60% of expenses). Other salaries and wages came to $64k. At year end it held assets of $31k against liabilities of $9,550, net assets of $21k. It reported 5 employees.