Our Lady of Victory School Endowment Fund

Analysis

Our Lady of Victory School Endowment Fund is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in February 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Our Lady of Victory School Endowment Fund reported income of $55k and spending of $22k, leaving 59% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $18k to $55k (+196%), an average of +31% a year. The sharpest change came in the year to April 2024, when income rose by 536%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Lady of Victory School Endowment Fund sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Powhatan Elementary School PTA ($55k), West Valley Construction Charitable Foundation ($55k) and Cherokee County United Fund Inc ($55k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 3.1% of the total. At year end it held assets of $391k against liabilities of $0, net assets of $391k.