Victory Charter School

Analysis

Victory Charter School is a registered charity in United States, based in Nampa, ID. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Victory Charter School reported income of $5.1m and spending of $4.1m, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.6m to $5.1m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Victory Charter School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include Milestones Childrens Center ($5.1m), America Needs You ($5.1m) and Community Library Association Inc Ketchum Sun Valley & Triumph ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $199k (4.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $14.8m against liabilities of $8.2m, net assets of $6.7m. It reported 50 employees.