Victory Gardens Inc

Analysis

Victory Gardens Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Victory Gardens Inc reported income of $580k and spending of $658k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $475k to $580k (+22%), an average of +5.2% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Victory Gardens Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include J-Hap Inc ($580k), Kingdom Community Development Corporation ($581k) and Luther House II Inc ($580k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $3.1m against liabilities of $115k, net assets of $3.0m.