V for Victory Over Cancer

Analysis

V for Victory Over Cancer is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, V for Victory Over Cancer reported income of $959k and spending of $900k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $250k to $959k (+284%), an average of +57% a year. The sharpest change came in the year to December 2021, when income rose by 284%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, V for Victory Over Cancer sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Gottlieb Memorial Foundation ($959k), Southeastern Arizona Community Unique Services ($959k) and Bronxcare New Directions Fund ($959k).

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 $121k (13% of expenses). Other salaries and wages came to $17k. At year end it held assets of $360k against liabilities of $94k, net assets of $266k. It reported 3 employees.