Starbase Victory Inc

Analysis

Starbase Victory Inc is a registered charity in United States, based in Portsmouth, VA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Starbase Victory Inc reported income of $337k and spending of $262k, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $153k to $337k (+120%), an average of +22% a year. The sharpest change came in the year to September 2022, when income rose by 58%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Starbase Victory Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Asbury Preschool ($337k), Noahs Ark Preschool Inc ($337k) and Amigas Para Ninos Inc ($337k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.