Victory Homes For Boys
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 196,008 | 224,213 | −28,205 | 24.4 | 32% |
| 2012 | 248,672 | 259,975 | −11,303 | 20.9 | 33% |
| 2013 | 265,227 | 256,980 | 8,247 | 28.6 | 41% |
| 2014 | 284,760 | 306,517 | −21,757 | 23.1 | 36% |
| 2015 | 295,599 | 279,560 | 16,039 | 26.1 | 51% |
| 2016 | 384,748 | 363,397 | 21,351 | 21.0 | 41% |
| 2017 | 401,977 | 383,057 | 18,920 | 20.4 | 37% |
| 2018 | 724,424 | 442,028 | 282,396 | 25.3 | 41% |
| 2019 | 761,395 | 510,119 | 251,276 | 27.9 | 47% |
| 2020 | 427,067 | 395,605 | 31,462 | 36.6 | 48% |
| 2021 | 678,981 | 433,305 | 245,676 | 40.3 | 55% |
| 2022 | 654,718 | 553,859 | 100,859 | 33.7 | 45% |
| 2023 | 530,928 | 521,643 | 9,285 | 36.0 | 48% |
In its most recent public year (2023), this organization brought in $9,285 more than it spent. Its reserves stood at about 36 months of spending, up from 24.4 in 2011. Staff pay was 48% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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