Health Care
(E50)
IRS Verified
DX Registered
990 on File
VICTORY FARM INC
Financial strength (30%)
74/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Victory Farm, located in Gastonia, NC was founded in 2010 by a group of community members who recognized the need for a local organization dedicated to therapeutic and adaptive horsemanship . Since then, we have grown into a thriving nonprofit, serving individuals with special needs each year and rescuing incredible horses along the way. Support Victory Farm's Mission Victory Farm is a 501-(C)(3) organization and achieving our goal of changing lives one horseback ride at a time would not be possible without the generosity of our donors. Please consider donating today.
Financial Overview — FY 2024
$460K
Total Revenue
$201K
Total Expenses
$659K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
0.0%
Operating Reserve
39.27x
Liability-to-Asset
32.0%
Revenue Diversification
96.3%
Compared with Peers
FY 2024
Compared with 4,558 similar organizations
(United States, Health Care, $100K–$1M 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
|
100.0% | 84.8% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 10.9% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 12.6% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
39.3 mo | 13.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.0% | 1.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.3% | 93.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
49.1% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-31.8% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
56.2% | 3.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $460K | $201K | $659K | 100.0% | 0 |
| 2023 | $308K | $295K | $400K | 100.0% | 0 |
| 2022 | $136K | $144K | $387K | 100.0% | 0 |
| 2021 | $369K | $177K | N/A | — | 0 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.