Victorious Life Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,048,272 | 984,919 | 63,353 | 2.4 | 45% |
| 2020 | 870,865 | 1,005,625 | −134,760 | 0.8 | 53% |
| 2021 | 1,043,351 | 1,005,827 | 37,524 | 1.2 | 44% |
| 2022 | 962,703 | 954,253 | 8,450 | 1.4 | 40% |
| 2023 | 1,187,184 | 1,122,842 | 64,342 | 1.9 | 38% |
In its most recent public year (2023), this organization brought in $64,342 more than it spent. Its reserves stood at about 1.9 months of spending. Staff pay was 38% 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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