Victory Train Inc

Analysis

Victory Train Inc is a registered charity in United States, based in Greensboro, GA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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 Train Inc reported income of $266k and spending of $179k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $197k to $266k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victory Train Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include Canandaigua Lake Watershed Association ($266k), Geneva Lake Museum Inc ($266k) and Berkshire Conference of Women Historians ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 0.6% of the total. Other salaries and wages came to $44k. At year end it held assets of $273k against liabilities of $1,991, net assets of $271k. It reported 5 employees.