Victorious Christian Living Inc
Analysis
Victorious Christian Living Inc is a registered charity in United States, based in Goodyear, AZ. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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, Victorious Christian Living Inc reported income of $391k and spending of $465k, spending 119% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $320k to $391k (+22%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 87% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victorious Christian Living Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Rumshock Veterans Foundation ($391k), Rosedale Development Association Inc ($391k) and International Cultic Studies Association Inc ($391k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 28% of the total. Other salaries and wages came to $61k. At year end it held assets of $451k against liabilities of $0, net assets of $451k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 28%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rumshock Veterans Foundation | Highland MLS | $391k |
| Rosedale Development Association Inc | Kansas City | $391k |
| International Cultic Studies Association Inc | Tewksbury | $391k |
| Union Labor Housing Inc | Louisville | $391k |