Breaktime United Inc

Analysis

Breaktime United Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Breaktime United Inc reported income of $4.8m and spending of $4.1m, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.3m to $4.8m (+105%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 227%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Breaktime United Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Grow Southwest Indiana Workforceboard Inc ($4.8m), Grand Traverse Industries Inc ($4.8m) and Union County Economic Development Corp ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $155k (3.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.5m against liabilities of $184k, net assets of $4.3m. It reported 135 employees.