Victory Baptist Church

Analysis

Victory Baptist Church is a registered charity in United States, based in Taylor, MI. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Victory Baptist Church reported income of $475k and spending of $151k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $475k (+139%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victory Baptist Church sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Pennsylvania Relief Sale ($475k), Friends Of@jhubla ($475k) and Kairos Benevolence Fund ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $624k against liabilities of $0, net assets of $624k.