Victory House of Lehigh Valley

Analysis

Victory House of Lehigh Valley is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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, Victory House of Lehigh Valley reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $214k to $1.2m (+461%), an average of +54% a year. The sharpest change came in the year to June 2020, when income rose by 267%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victory House of Lehigh Valley sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Casa de Ninos Manuel Fernandez Juncos Inc ($1.2m), Fountain Theatre ($1.2m) and Land of Medicine Buddha Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $95k (8.3% of expenses). Other salaries and wages came to $439k. At year end it held assets of $1.1m against liabilities of $84k, net assets of $986k. It reported 19 employees.