Reclaiming Victory Ministries Inc

Analysis

Reclaiming Victory Ministries Inc is a registered charity in United States, based in Sherwood, OR. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Reclaiming Victory Ministries Inc reported income of $58k and spending of $61k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $69k to $58k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 137% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reclaiming Victory Ministries Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within OR. Charities of a similar size with the same main cause include Holistic Homestead ($58k), Steuben County Cancer Association ($58k) and Crawford County Dui Program ($58k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $42k (70% of expenses). At year end it held assets of $17k against liabilities of $17k, net assets of $512. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.