Victory Sports Global Outreach Inc

Analysis

Victory Sports Global Outreach Inc is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Victory Sports Global Outreach Inc reported income of $104k and spending of $222k, spending 213% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $262k to $104k (-60%), an average of -21% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Victory Sports Global Outreach Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Clay County Fair ($104k), America Fiji Sports Commission - Afsc ($104k) and Mooresville Football League ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (35% of expenses). Other salaries and wages came to $3,575. At year end it held assets of $107k against liabilities of $231, net assets of $107k. It reported 3 employees.