Survivor Ventures

Analysis

Survivor Ventures is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Survivor Ventures reported income of $1.1m and spending of $926k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $379k to $1.1m (+201%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Survivor Ventures sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include SBC Development Corporation Inc ($1.1m), Connected Chef Foundation Inc ($1.1m) and Reap Food Group Inc ($1.1m).

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 $132k (14% of expenses). Other salaries and wages came to $246k. At year end it held assets of $326k against liabilities of $0, net assets of $326k. It reported 7 employees.