LA Victoria Foundation Corp

Analysis

LA Victoria Foundation Corp is a registered charity in United States, based in Queens, NY. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, LA Victoria Foundation Corp reported income of $444k and spending of $399k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $444k (+182%), an average of +182% a year. The sharpest change came in the year to December 2023, when income rose by 182%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Victoria Foundation Corp sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Boy Scouts of America ($444k), Neosho Crosslines Ministries Inc ($444k) and South Texas Youth Soccer Association ($444k).

Compensation of current officers, directors and key employees was $24k (6.0% of expenses). At year end it held assets of $196k against liabilities of $150k, net assets of $46k.