Repairing the Breach Memphis

Analysis

Repairing the Breach Memphis is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 2016, 10 years ago. 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, Repairing the Breach Memphis reported income of $289k and spending of $288k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $289k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Repairing the Breach Memphis sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Washington Multicultural Services Link ($289k), Atlantic City Ballet ($289k) and Art Deco Society of New York Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $246k. At year end it held assets of $155k against liabilities of $291, net assets of $155k. It reported 9 employees.