Victory in the Valley Inc

Analysis

Victory in the Valley Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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 in the Valley Inc reported income of $760k and spending of $537k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $680k to $760k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victory in the Valley Inc 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 76th percentile, and in the 77th percentile within KS. Charities of a similar size with the same main cause include Wisconsin Parkinson Association Inc ($760k), Ear Foundation of Arizona ($761k) and Volunteer Housing Development Corporation Inc ($760k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 7.9% of the total. Other salaries and wages came to $279k. At year end it held assets of $1.9m against liabilities of $12k, net assets of $1.9m. It reported 13 employees.