Iglesia Bautista La Victoria
Iglesia Bautista La Victoria maintains strong financial health with growing assets and no reported officer compensation.
EIN: 205445155 · Charleston, SC · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $128K |
| Program Spending | 80% |
| Net Assets | $571K |
| Transparency Score | 85/100 |
Is Iglesia Bautista La Victoria Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iglesia Bautista La Victoria directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iglesia Bautista La Victoria
Iglesia Bautista La Victoria (EIN: 205445155) is a nonprofit organization based in Charleston, SC, classified under NTEE code X20. The organization reported total revenue of $179K and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iglesia Bautista La Victoria's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iglesia Bautista La Victoria is a small nonprofit that has been operating for 8 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $128K |
| Surplus / Deficit | +$73K |
| Total Assets | $572K |
| Total Liabilities | $845 |
| Net Assets | $571K |
| Operating Margin | 36.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 53.8 months |
Financial Health Grade: A
In 2023, Iglesia Bautista La Victoria reported a surplus of $73K with revenue exceeding expenses, holds 53.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iglesia Bautista La Victoria with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Iglesia Bautista La Victoria allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $73K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization reported 0% officer compensation in its latest filing, suggesting that executive leadership is either volunteer-based or compensated through non-officer roles, which is common for smaller religious entities and can indicate a commitment to directing funds towards the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Iglesia Bautista La Victoria:
- Strong financial health with a surplus in the latest fiscal period (Revenue $200,213 vs. Expenses $127,538).
- Growing assets ($572,029 in 2023) with very low liabilities ($845).
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
- Consistent filing of IRS Form 990, indicating good transparency.
Frequently Asked Questions about Iglesia Bautista La Victoria
Is Iglesia Bautista La Victoria a legitimate charity?
Iglesia Bautista La Victoria (EIN: 205445155) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 85/100. Total revenue: $179K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Iglesia Bautista La Victoria spend its money?
Iglesia Bautista La Victoria directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Iglesia Bautista La Victoria tax-deductible?
Iglesia Bautista La Victoria is registered as a tax-exempt nonprofit (EIN: 205445155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Iglesia Bautista La Victoria's spending goes to programs?
Iglesia Bautista La Victoria directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Iglesia Bautista La Victoria compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Iglesia Bautista La Victoria is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iglesia Bautista La Victoria located?
Iglesia Bautista La Victoria is headquartered in Charleston, South Carolina and files with the IRS under EIN 205445155. It is classified under NTEE code X20.
Is Iglesia Bautista La Victoria a good charity?
Based on the available financial data, Iglesia Bautista La Victoria appears to be a well-managed organization with strong financial health, growing assets, and no reported officer compensation, which are positive indicators for a charity.
How does their program spending compare to similar organizations?
While specific benchmarks for NTEE X20 (religious organizations) can vary, an estimated 80% program spending is generally considered very good and indicates a strong focus on their mission.
Filing History
IRS 990 filing history for Iglesia Bautista La Victoria showing financial trends over 1 year of public records:
In its most recent filing year (2023), Iglesia Bautista La Victoria reported a surplus of $73K, with revenue exceeding expenses. The organization holds $845 in liabilities against $572K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $571K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $128K | $572K | $845 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iglesia Bautista La Victoria:
Data Sources and Methodology
This transparency report for Iglesia Bautista La Victoria is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.