Victory Family School

Analysis

Victory Family School is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Victory Family School reported income of $1.0m and spending of $1.2m, spending 119% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $692k to $1.0m (+46%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Victory Family School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include Lansing Christian School Pilgrim Foundation ($1.0m), Mountain Christian School Inc ($1.0m) and Omicron Delta Kappa Society and Educational Foundation Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $58k (4.8% of expenses). Other salaries and wages came to $689k. It paid $98k in professional fundraising fees. At year end it held assets of $323k against liabilities of $154k, net assets of $169k. It reported 33 employees.