Breakthrough Charter School

Analysis

Breakthrough Charter School is a registered charity in United States, based in Marion, AL. It received its IRS tax-exemption ruling in March 2024, 2 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 September 2023, Breakthrough Charter School reported income of $3.9m and spending of $4.4m, spending 114% of what it took in. 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, Breakthrough Charter School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Al Amal School ($3.8m), Mill Valley Schools Community Foundation ($3.9m) and Coastal Empire Montessori Community Organization Inc ($3.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $166k (3.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.4m against liabilities of $4.6m, net assets of $765k. It reported 60 employees.