Victorious Life Church

Analysis

Victorious Life Church is a registered charity in United States, based in Bear, DE. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Victorious Life Church reported income of $252k and spending of $280k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $252k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victorious Life Church sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 53rd percentile within DE. Charities of a similar size with the same main cause include Hombres de Palabra Men of Their Word Inc ($252k), Mt Baker Bibleway Camp ($252k) and International Cornerstone Ministries ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $66k. At year end it held assets of $101k against liabilities of $27k, net assets of $74k. It reported 1 employees.