Grant Victor Cares

Analysis

Grant Victor Cares is a registered charity in United States, based in Kaysville, UT. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Grant Victor Cares reported income of $81k and spending of $101k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $81k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grant Victor Cares sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within UT. Charities of a similar size with the same main cause include Delanie Fekert Foundation ($81k), Eagles Mere-Laporte Lions Foundation ($81k) and Country Jam USA Foundation Inc ($81k).

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 $89k against liabilities of $0, net assets of $89k.