Breathe Ink

Analysis

Breathe Ink is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Breathe Ink reported income of $97k and spending of $56k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $18k to $97k (+437%), an average of +437% a year. The sharpest change came in the year to December 2023, when income rose by 437%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Breathe Ink sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Council of United Filipino Organizations of Tidewater Virgini ($97k), National Alliance for the Mentally Ill Stanislaus Nami Stanislaus ($97k) and Oakes Ames Memorial Hall Association ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.