Victory

Analysis

Victory is a registered charity in United States, based in Scotts Valley, CA. It received its IRS tax-exemption ruling in November 1994, 32 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, Victory reported income of $243k and spending of $237k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $243k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Victory sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Julius & Esther Stulberg Competition Inc ($243k), Cedar Meadows Inc ($243k) and Theatre Workshop of Owensboro Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $49k. At year end it held assets of $596k against liabilities of $0, net assets of $596k. It reported 2 employees.