Victory Outreach of the Capital City Austin

Analysis

Victory Outreach of the Capital City Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2019, Victory Outreach of the Capital City Austin reported income of $298k and spending of $179k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2018 to December 2019, income fell from $321k to $298k (-7.1%), an average of -7.1% a year. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victory Outreach of the Capital City Austin sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Jesus Healing Ministry ($298k), Open Doors Inc ($298k) and Asheville Youth Mission ($298k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $32k. It paid $1,625 in professional fundraising fees. At year end it held assets of $249k against liabilities of $0, net assets of $249k.