Religion-Related
(X21)
IRS Verified
DX Registered
990 on File
VICTORY CENTER MINISTRIES INC
Financial strength (30%)
78/100
Reliability (20%)
50/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Victory Center is dedicated to helping the poor, needy and homeless, by providing food, clothing and shelter for their physical needs as well as offering programs to nourish their spiritual well-being through a variety of classes that help the poor, needy and homeless transition into self-sufficiency.
Financial Overview — FY 2024
$1.3M
Total Revenue
$1.3M
Total Expenses
$466K
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.9%
Fundraising Efficiency
N/A
Operating Reserve
4.43x
Liability-to-Asset
48.2%
Revenue Diversification
97.6%
Executive Compensation
$44K
Compared with Peers
FY 2024
Compared with 1,519 similar organizations
(United States, Religion-Related, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.9% | 85.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.0% | 10.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.1% | 0.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.4 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
48.2% | 5.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.6% | 93.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
9.3% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-11.7% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.6% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.3M | $1.3M | $466K | 94.9% | 6 |
| 2023 | $1.2M | $1.4M | $2.0M | 94.5% | 9 |
| 2022 | $1.4M | $644K | $2.0M | 86.6% | 10 |
| 2021 | $1.3M | $574K | $1.6M | 84.7% | 10 |
| 2020 | $958K | $672K | N/A | — | 9 |
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