Victory Christian Acadamy Inc

Analysis

Victory Christian Acadamy Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Victory Christian Acadamy Inc reported income of $3.0m and spending of $3.5m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.0m (+54%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Victory Christian Acadamy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Project Hope Alliance ($3.0m), Monarch Joint Venture ($3.0m) and Tulsa Library Trust ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $4.0m against liabilities of $3.6m, net assets of $412k. It reported 77 employees.