Victory Learning Center Inc

Analysis

Victory Learning Center Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Victory Learning Center Inc reported income of $65k and spending of $78k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $65k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Victory Learning Center Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include Manners-Golden Rule Foundation ($65k), Mountain View Elementary School Parent Teacher Organization ($65k) and Canyon Oaks PTO ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $8,096 against liabilities of $1,609, net assets of $6,487.