Victory Athletics

Analysis

Victory Athletics is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Athletics reported income of $99k and spending of $63k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $99k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Victory Athletics sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include First Swing Foundation ($99k), Cavallino Classic Foundation Inc ($99k) and Chicagoland Zephyrs Athletic Association ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.