Breakthrough

Analysis

Breakthrough is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Breakthrough reported income of $9.5m and spending of $10.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $9.5m (+78%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Breakthrough sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Winston-Salem Academy Inc ($9.4m), Rtca Inc ($9.5m) and A Public School of Choice Inc ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $169k (1.7% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $4.1m against liabilities of $91k, net assets of $4.0m. It reported 417 employees.