Breakthrough Ministries

Analysis

Breakthrough Ministries is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Breakthrough Ministries reported income of $102k and spending of $202k, spending 197% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $371k to $102k (-72%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Breakthrough Ministries sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within TN. Charities of a similar size with the same main cause include 4c Ministries Inc ($102k), Green Tree Ministries ($102k) and Rehoboth Evangelical Church of Seattle ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (29% of expenses). Other salaries and wages came to $2,790. At year end it held assets of $110k against liabilities of $0, net assets of $110k. It reported 1 employees.