Victory Village Inc

Analysis

Victory Village Inc is a registered charity in United States, based in Jackson, CA. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, Victory Village Inc reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $241k to $1.3m (+429%), an average of +52% a year. The sharpest change came in the year to September 2023, when income rose by 180%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victory Village Inc 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 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Greater Norfolk Economic Development Foundation Inc ($1.3m), Neighbors Together Corp ($1.3m) and Habitat for Humanity International Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $76k (6.2% of expenses). Other salaries and wages came to $387k. At year end it held assets of $757k against liabilities of $569k, net assets of $188k. It reported 16 employees.