Victory Home Helping Hand Inc

Analysis

Victory Home Helping Hand Inc is a registered charity in United States, based in Tallulah FLS, GA. It received its IRS tax-exemption ruling in March 1964, 62 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 Home Helping Hand Inc reported income of $377k and spending of $377k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $377k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victory Home Helping Hand Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Discerning Hearts ($376k), Great Plains Regional Volleyball Association ($377k) and Community Counseling Center Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 8.9% of the total. Other salaries and wages came to $199k. At year end it held assets of $988k against liabilities of $5,781, net assets of $982k. It reported 11 employees.