Victories of the Heart NFP

Analysis

Victories of the Heart NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Victories of the Heart NFP reported income of $142k and spending of $122k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $142k (+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 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victories of the Heart NFP sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Good Better Best Ministries ($142k), Messianic Times Inc ($142k) and Help with Compassion Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.