Breakaway Academy Foundation

Analysis

Breakaway Academy Foundation is a registered charity in United States, based in Chaska, MN. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Breakaway Academy Foundation reported income of $187k and spending of $217k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $187k (+8.1%), an average of +8.1% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Breakaway Academy Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Greater Houston Womens Foundations ($187k), Albert Schweitzer Fellowship of the San Francisco Bay Area ($187k) and Friends of Monte Vista Choir ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $110k against liabilities of $1,782, net assets of $108k.