Our Lady of Victory Foundation Inc

Analysis

Our Lady of Victory Foundation Inc is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in February 2014, 12 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, Our Lady of Victory Foundation Inc reported income of $124k and spending of $78k, leaving 36% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $255k to $124k (-52%), an average of -14% a year. The sharpest change came in the year to December 2019, when income dropped by 56%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Our Lady of Victory Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Pedigo Ministries ($124k), Mark Muirhead Ministries Inc ($124k) and Global Harvest Mission Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.