Springfield Victory Mission Inc

Analysis

Springfield Victory Mission Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Springfield Victory Mission Inc reported income of $4.1m and spending of $3.6m, spending 88% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.5m to $4.1m (+167%), an average of +39% a year. The sharpest change came in the year to June 2020, when income rose by 103%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Springfield Victory Mission Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include Household Goods Inc ($4.1m), Asbury Towers Retirement Community Inc ($4.1m) and DJCC Development Corporation ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $5.7m against liabilities of $407k, net assets of $5.3m. It reported 63 employees.