Victorious Life Center Inc

Analysis

Victorious Life Center Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Victorious Life Center Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Victorious Life Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include El Centro Amistad ($1.2m), Food for Families NC Inc ($1.2m) and Wayne Reed Christian Child Care Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $89k (7.9% of expenses). Other salaries and wages came to $341k. At year end it held assets of $302k against liabilities of $127k, net assets of $175k. It reported 16 employees.