Operation Breakthrough Inc

Analysis

Operation Breakthrough Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in February 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Operation Breakthrough Inc reported income of $18.0m and spending of $16.2m, spending 90% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $12.9m to $18.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to October 2020, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Operation Breakthrough Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Hoffman Institute Foundation ($18.0m), Usmma Sailing Foundation Inc ($18.0m) and American Leadership Academy Inc ($18.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $309k (1.9% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $42.9m against liabilities of $8.5m, net assets of $34.4m. It reported 276 employees.