Victory Latin American Outreach Inc
Analysis
Victory Latin American Outreach Inc is a registered charity in United States, based in Hutchinson, KS. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Latin American Outreach Inc reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $581k to $1.3m (+121%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 100% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Victory Latin American Outreach Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within KS. Charities of a similar size with the same main cause include Cancare Inc ($1.3m), Calvary Family of Churches ($1.3m) and Bbyo Fund for the Future Inc ($1.3m).
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 $73k (5.7% of expenses). At year end it held assets of $67k against liabilities of $344, net assets of $66k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cancare Inc | Houston | $1.3m |
| Calvary Family of Churches | Littleton | $1.3m |
| Bbyo Fund for the Future Inc | Washington | $1.3m |
| Lutheran Outdoor Ministries Indiana Kentucky Inc | Angola | $1.3m |