Chase the Victory

Analysis

Chase the Victory is a registered charity in United States, based in Carrollton, GA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chase the Victory reported income of $461k and spending of $475k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $334k to $461k (+38%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chase the Victory sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Yampa Valley Autism Program ($461k), Fish & Loaves ($461k) and Lawrence Ltd ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $80k (17% of expenses). At year end it held assets of $366k against liabilities of $0, net assets of $366k.