Operation Breakthrough Foundation

Analysis

Operation Breakthrough Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Operation Breakthrough Foundation reported income of $565k and spending of $5,176, leaving 99% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income fell from $1.5m to $565k (-63%), an average of -63% a year. The sharpest change came in the year to October 2023, when income dropped by 63%. Over the whole period it spent 0.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Breakthrough Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Thrifty Nickel Inc ($565k), Hand Up Foundation ($565k) and Little Red House Inc ($565k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.