Victory Family School Parent Teacher Club

Analysis

Victory Family School Parent Teacher Club is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Victory Family School Parent Teacher Club reported income of $60k and spending of $59k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $72k to $60k (-17%), an average of -17% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 69% 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 Parent Teacher Club sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within OK. Charities of a similar size with the same main cause include Lena-Winslow Education Foundation ($60k), Basis Scottsdale Primary Boosters Club Inc ($60k) and Tri-Valley 12th Man Club ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 101% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.