Victory Ahead Inc

Analysis

Victory Ahead Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in July 2022, 4 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 2023, Victory Ahead Inc reported income of $87k and spending of $74k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $87k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Victory Ahead Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Alice Visionary Foundation Project ($87k), Florida Veterans for Common Sense Fund Inc ($87k) and Fort Atkinson Food Pantry ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.