Victory Sports Outreach Inc

Analysis

Victory Sports Outreach Inc is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Sports Outreach Inc reported income of $203k and spending of $182k, spending 90% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $201k to $203k (+1.4%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Victory Sports Outreach Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Police Athletic League of Hamilton Township ($203k), Sebastopol Sea Serpents ($203k) and Louisiana 4-H Foundation ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $26k (15% of expenses). Other salaries and wages came to $38k. At year end it held assets of $156k against liabilities of $0, net assets of $156k. It reported 10 employees.