Victory Project

Analysis

Victory Project is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Victory Project reported income of $1.6m and spending of $939k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $652k to $1.6m (+145%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 71% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Victory Project sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Endowment for Equal Justice ($1.6m), Lamoille Restorative Center ($1.6m) and Generation Life Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $105k (11% of expenses). Other salaries and wages came to $252k. It paid $32k in professional fundraising fees. At year end it held assets of $2.6m against liabilities of $390k, net assets of $2.3m. It reported 72 employees.