Victory International Foundation Inc

Analysis

Victory International Foundation Inc is a registered charity in United States, based in Gilbert, AZ. 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 (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 2022, Victory International Foundation Inc reported income of $55k and spending of $103k, spending 187% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $81k to $55k (-32%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Victory International Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Open Hands Living ($55k), Reality Speaking Inc ($55k) and Grace Foundation Family Transformation Inc ($55k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,289 against liabilities of $0, net assets of $2,289.