Victory Rivival Crusades Inc

Analysis

Victory Rivival Crusades Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Victory Rivival Crusades Inc reported income of $1.6m and spending of $258k, leaving 84% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $202k to $1.6m (+711%), an average of +69% a year. The sharpest change came in the year to August 2023, when income rose by 601%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victory Rivival Crusades Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Joseph Storehouse Ministries Inc ($1.6m), Bible Education & Missionary Service ($1.6m) and Revival Presbyterian Church of Cape Cod ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $614k against liabilities of $2,118, net assets of $612k.