Victoria Home

Analysis

Victoria Home is a registered charity in United States, based in Ossining, NY. It received its IRS tax-exemption ruling in December 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Victoria Home reported income of $63k and spending of $323k, spending 512% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $63k (-99%), an average of -69% a year. The sharpest change came in the year to December 2021, when income dropped by 97%. Over the whole period it spent 162% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Victoria Home sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Lenny Schelin Jr Memorial Tournament Inc ($63k), Vascular Education Foundation ($63k) and Life of Freedom Ministries Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 94% of the total. At year end it held assets of $1.3m against liabilities of $238k, net assets of $1.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.