Victorias Friends Inc

Analysis

Victorias Friends Inc is a registered charity in United States, based in Suwanee, GA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Victorias Friends Inc reported income of $97k and spending of $145k, spending 149% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $214k to $97k (-55%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Victorias Friends Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Forney Food Pantry Inc ($97k), Friends of Shiloh Garden ($97k) and Hand of Hope ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.