Invictus Development Group Inc

Analysis

Invictus Development Group Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Invictus Development Group Inc reported income of $172k and spending of $40k, leaving 77% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $822k to $172k (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Invictus Development Group Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Whites Cottage Center ($172k), Erb Adult Family Home Inc ($172k) and Metro Housing Partnership Inc ($172k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.0m against liabilities of $624k, net assets of $383k.