Victory Health Partners Inc

Analysis

Victory Health Partners Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health Partners Inc reported income of $1.7m and spending of $1.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+6.4%), an average of +1.6% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Victory Health Partners Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Kaleida Health Foundation ($1.7m), Josephs House Inc Financial Office ($1.7m) and Fredericksburg Christian Health Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $222k (14% of expenses). Other salaries and wages came to $876k. At year end it held assets of $1.1m against liabilities of $85k, net assets of $1.0m.