Breakthrough Twin Cities
Analysis
Breakthrough Twin Cities is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2012, 14 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 May 2024, Breakthrough Twin Cities reported income of $2.4m and spending of $1.9m, leaving 23% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $1.1m to $2.4m (+119%), an average of +17% a year. The sharpest change came in the year to May 2024, when income rose by 63%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Breakthrough Twin Cities 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 87th percentile within MN. Charities of a similar size with the same main cause include Akros Middle School ($2.4m), Providence Preparatory School ($2.4m) and Rock Solid Christian Academy Inc ($2.4m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $129k (6.9% of expenses). Other salaries and wages came to $1.1m. It paid $13k in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $229k, net assets of $2.1m. It reported 116 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Akros Middle School | Akron | $2.4m |
| Providence Preparatory School | Belton | $2.4m |
| Rock Solid Christian Academy Inc | Okeechobee | $2.4m |
| Central School of Practical Nursing Inc | Independence | $2.4m |