Victory in Recovery

Analysis

Victory in Recovery is a registered charity in United States, based in Ponchatoula, LA. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 in Recovery reported income of $313k and spending of $431k, spending 138% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $333k to $313k (-6.0%), an average of -6.0% a year. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Victory in Recovery sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within LA. Charities of a similar size with the same main cause include Jim Wood Ministries Inc ($313k), Great Hunt for God Inc ($313k) and Montview Foundation ($313k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 0.1% of the total. Other salaries and wages came to $280k. At year end it held assets of $398k against liabilities of $427k, net assets of -$29k. It reported 18 employees.