Volunteers of Victoria Inc

Analysis

Volunteers of Victoria Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Volunteers of Victoria Inc reported income of $6.7m and spending of $6.7m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $6.6m to $6.7m (+0.7%), an average of +0.2% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Volunteers of Victoria 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 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Downstreet Housing & Community Development Inc ($6.7m), Pines Village Retirement Communities Inc ($6.7m) and Arizona Housing Inc ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $11.2m against liabilities of $11.1m, net assets of $131k.