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Victory Riders Inc

RegisteredEIN 41-1816483Rogers, MNReligion
Income$66k2023-12
Spending$66ksame year
Spent / received92%2-year average
Size in its cause29th pctReligion
Exempt since1996Publicly supported organisat
Employees–latest return

Analysis

Victory Riders Inc is a registered charity in United States, based in Rogers, MN. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Riders Inc reported income of $66k and spending of $66k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $66k (+11%), an average of +11% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victory Riders Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Foundation of St Johns United Methodist Church of Davenport Iowa ($65k), Tel-A-Village International Inc ($66k) and Master S Mission Ministries ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.

Income and spending

$0$16k$33k$49k$66k2022 Income: $58,8152022 Spending: $48,09720222023 Income: $65,5082023 Spending: $65,7812023
IncomeSpending

Where the income comes from

  • Contributions & grants 44%
  • Program services 56%

Similar-sized charities, same cause

CharityLocationIncome
Foundation of St Johns United Methodist Church of Davenport IowaDavenport$65k
Tel-A-Village International IncNew Baltimore$66k
Master S Mission MinistriesW Bloomfield$65k
Greater Moores Chapel CogicAllen$66k