Victory Life Fellowship of CC Inc

Analysis

Victory Life Fellowship of CC Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Victory Life Fellowship of CC Inc reported income of $202k and spending of $181k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $202k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victory Life Fellowship of CC Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Kevin Derryberry Ministries Inc ($202k), Encounter Church ($202k) and Polk County Jail Ministries Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (18% of expenses). Other salaries and wages came to $29k. At year end it held assets of $727k against liabilities of $40k, net assets of $687k. It reported 3 employees.