Lets Breakthrough Inc is a 501(c)(3) organization based in New York, New York, registered in 2002, with $1,495,304 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.5M
▲ 72.6% vs prior year
Crime & Legal median: $309K
Expenses (FY2024)
$1.5M
Net assets
$895K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lets Breakthrough Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lets Breakthrough Inc: 7 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lets Breakthrough Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lets Breakthrough Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.8M (FY2019) to $1.5M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$988K
Total liabilities
$93K
Net assets
$895K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,495,304▲72.6% | $1,475,019▲102% | $895,056▲3.7% | $987,598▲2.7% | 990 |
| 2023 | $866,232▲119% | $730,680▼34.8% | $863,449▲800% | $961,313▲7.6% | 990 |
| 2022 | $396,207▼77.0% | $1,120,104▼19.4% | $95,901▼85.9% | $893,020▼45.2% | 990 |
| 2021 | $1,720,017▲14.3% | $1,388,894▲9.5% | $682,212▼14.7% | $1,631,048▲18.3% | 990 |
| 2020 | $1,505,156▼17.2% | $1,267,881▼5.0% | $799,462▼12.2% | $1,378,607▲36.1% | 990 |
| 2019 | $1,818,374 | $1,334,444 | $910,167 | $1,013,001 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
31 grants to Lets Breakthrough Inc totaling $3.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Co-impact Philanthropic Funds Inc | See part iv | 2024 | $485,000 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2024 | $29,900 |
| The Skoll Fund | Community development | 2024 | $15,000 |
| American Online Giving Foundation Inc | General support | 2024 | $8,970 |
| Effective Ventures Foundation USA | Improving global health and wellbeing | 2023 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,150 |
| Rockefeller Philanthropy Advisors Inc | General | 2022 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $10,750 |
| Globalgiving Foundation Inc | Funds raised by globalgiving and disbursed to meet donor expectations | 2022 | $7,068 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2021 | $200,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2021 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $23,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $23,300 |
| American Online Giving Foundation Inc | General support | 2021 | $9,826 |
| The Skoll Fund | General operating support | 2020 | $300,000 |
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Data for Lets Breakthrough Inc (EIN 31-1793681) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.