Victorious Christian Harvesters Inc

Analysis

Victorious Christian Harvesters Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Victorious Christian Harvesters Inc reported income of $1.8m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victorious Christian Harvesters Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Fund Established by Will of Nanaline H Duke for Duke Universit ($1.8m), Troy Savings Bank Music Hall Corporation ($1.8m) and Open Door Animal Sanctuary ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $119k (6.8% of expenses). Other salaries and wages came to $140k. At year end it held assets of $253k against liabilities of $6,123, net assets of $247k. It reported 9 employees.