Breakaway Ministries Inc

Analysis

Breakaway Ministries Inc is a registered charity in United States, based in Vacaville, CA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Breakaway Ministries Inc reported income of $93k and spending of $138k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $93k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Breakaway Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Iglesia Evangelica Puerta de Las Aguas ($93k), Zion Mission Church of Christ Inc ($93k) and Cave Incorporated ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.