Breaking Barriers Foundation

Analysis

Breaking Barriers Foundation is a registered charity in United States, based in Temperance, MI. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Breaking Barriers Foundation reported income of $145k and spending of $90k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $145k (-11%), an average of -11% a year. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Breaking Barriers Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Pikesville Senior Center Council ($145k), Accord Inc ($145k) and Community Advocacy Resources & Education Services Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 62% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.