Victory Baptist Church

Analysis

Victory Baptist Church is a registered charity in United States, based in Solon, OH. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Victory Baptist Church reported income of $78k and spending of $67k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $78k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victory Baptist Church sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Brian Arner Ministries Inc ($78k), Through the Holy Bible Missionary ($78k) and Michael Ciociola Ministries Incorporated ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.