Victory Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 640,230 | 643,794 | −3,564 | 5.9 | 64% |
| 2021 | 566,775 | 526,838 | 39,937 | 9.6 | 70% |
| 2022 | 708,208 | 750,127 | −41,919 | 6.1 | 52% |
| 2023 | 338,992 | 424,796 | −85,804 | 8.3 | 14% |
| 2024 | 354,798 | 352,618 | 2,180 | 10.0 | 12% |
In its most recent public year (2024), this organization brought in $2,180 more than it spent. Its reserves stood at about 10 months of spending, up from 5.9 in 2020. Staff pay was 12% 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 2024. 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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