Life of Victory International Christian Ministries

Analysis

Life of Victory International Christian Ministries is a registered charity in United States, based in LA Vergne, TN. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Life of Victory International Christian Ministries reported income of $303k and spending of $237k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $303k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Life of Victory International Christian Ministries sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include Susquehanna County Housing Development Corporation Inc ($303k), Fulton Gardens Corporation ($303k) and Bu-Gata ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $172k. At year end it held assets of $91k against liabilities of $15k, net assets of $76k.