Our Lady of Victory Parish Educatio Nal Endowment Fund

Analysis

Our Lady of Victory Parish Educatio Nal Endowment Fund is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in May 1988, 38 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 August 2023, Our Lady of Victory Parish Educatio Nal Endowment Fund reported income of $66k and spending of $24k, leaving 63% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $56k to $66k (+18%), an average of +4.2% a year. The sharpest change came in the year to August 2021, when income rose by 60%. Over the whole period it spent 42% 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 Parish Educatio Nal Endowment Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include South Hills Chorale Inc ($66k), Smore for Women ($66k) and Mens Center ($66k).

At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.