Victorious Living Church of God

Analysis

Victorious Living Church of God is a registered charity in United States, based in South Holland, IL. It received its IRS tax-exemption ruling in January 1998, 28 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 2021, Victorious Living Church of God reported income of $196k and spending of $122k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2017 to December 2021, income grew from $160k to $196k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victorious Living Church of God sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Asaph Talks ($196k), Lighthouse Ministries of Raleigh Inc ($196k) and Rhoda Wise Shrine ($196k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $58k (47% of expenses). At year end it held assets of $425k against liabilities of $701, net assets of $424k. It reported 1 employees.