Breakfree Education

Analysis

Breakfree Education is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Breakfree Education reported income of $4.0m and spending of $3.5m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $4.0m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Breakfree Education 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 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include Girl Scouts of Minnesota and Wisconsin Lakes and Pines ($4.0m), Boys & Girls Clubs of Sonoma Valley ($4.0m) and Pasadena Child Development Associates Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $65k (1.9% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.8m against liabilities of $1.9m, net assets of $1.9m. It reported 47 employees.