Victory Restoration Centers

Analysis

Victory Restoration Centers is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in April 2021, 5 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, Victory Restoration Centers reported income of $212k and spending of $215k, spending 101% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $205k to $212k (+3.5%), an average of +3.5% a year. 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, Victory Restoration Centers sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Global Help Initiative Inc ($212k), Mission 514 Inc ($212k) and Clarion Countys Promise Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 23% of the total. Other salaries and wages came to $138k. At year end it held assets of $72k against liabilities of $1,069, net assets of $71k. It reported 10 employees.