Victoria Fine Arts Association Inc

Analysis

Victoria Fine Arts Association Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in October 1966, 60 years ago. 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 May 2024, Victoria Fine Arts Association Inc reported income of $77k and spending of $63k, spending 82% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $69k to $77k (+11%), an average of +11% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victoria Fine Arts Association Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Auburn Fire Company ($77k), Glencoe Community Football Incorporated ($77k) and Main St Assoc ($77k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 102% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.