The Breakthrough Collaborative Inc

Analysis

The Breakthrough Collaborative Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Breakthrough Collaborative Inc reported income of $7.9m and spending of $5.4m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $7.9m (+352%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 162%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Breakthrough Collaborative 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 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Arma Dei Academy Inc ($7.9m), Student Association Inc ($7.9m) and Rolesville Charter Academy Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $248k (4.6% of expenses). Other salaries and wages came to $2.4m. It paid $62k in professional fundraising fees. At year end it held assets of $7.8m against liabilities of $786k, net assets of $7.0m. It reported 62 employees.