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Massachusetts · Nonprofit

VICTORY PROGRAMS INC

VICTORY PROGRAMS INC (Massachusetts) receives grants from 83 organizations whose IRS filings report $7,017,947 to it, the largest being United Way Of Massachusetts Bay Inc ($594,067). 57 of them have funded it in more than one year.

Revenue FY2025
$35M
Funders on record
83
Grants received
$7.0M
Net assets
$6.9M
57/83 repeat funderspeak grant-dependency 6%
01What it does

What Victory Programs Inc does

Mission

We open the door to hope, recovery, and community for individuals and families facing homelessness, addiction or other chronic health conditions.

As stated on its FY2025 Form 990.

Programs

On its FY2024 return the organization reported starting a significant new program.

Victory programs opened a new program using city of boston funding that supports young adults exiting homelessness who identify as lgbtq+. These services include transitional housing and rapid rehousing opportunities.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Supportive housing - the supportive housing division provides counseling and case management in family shelter, transitional and permanent housing programs for individuals and families who may also be homeless or recovering from addiction and/or hiv/aids. When individuals and families are safely housed, they're much more likely to address their physical and mental health, addictions, and other issues. Our housing stabilization services, including emergency shelter, permanent housing, and case management, move people off the street as quickly as possible, with as few barriers as possible.

    $19,527,497 spentof which $1,886,887 as grants
    61% of program spending
  2. Residential services - the residential services division provides recovering homes and programs for individuals and their families recovering from addiction and/or hiv/aids. For many, victory programs represents the last possibility for hope and the first chance for sustained success in their battles with substance use or illness. We provide individuals and their families with the education, tools, and ongoing support they need to help them regain their health, prevent and manage relapse, and maximize their independence.

    $8,213,756 spent$7,093,735 earned by the program
    26% of program spending
  3. Client services - the client services division provides meals, prevention, education and training, child care support, volunteer coordination, outreach, social enterprises, support and wellness services regarding hiv and addiction to adults and families in residential treatment, shelters, programs, correctional facilities, community health centers and housing projects. Wrapping services around a congregate meal, investing in community and social capital, professionalizing peers, providing a safe, non-medical place to reconnect and/or remain connected to care, have been key components of what many have found helpful, if not transformative.

    $4,195,658 spent
    13% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $31,936,911.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($12M) Expenses 100 ($13M) Net assets 100 ($3.1M)2018 Revenue 107 ($13M) Expenses 104 ($13M) Net assets 101 ($3.1M)2019 Revenue 108 ($13M) Expenses 107 ($14M) Net assets 91 ($2.8M)2020 Revenue 116 ($14M) Expenses 111 ($14M) Net assets 95 ($3.0M)2021 Revenue 117 ($14M) Expenses 108 ($14M) Net assets 115 ($3.6M)2022 Revenue 169 ($20M) Expenses 148 ($19M) Net assets 177 ($5.5M)2023 Revenue 220 ($27M) Expenses 187 ($23M) Net assets 283 ($8.8M)2024 Revenue 252 ($31M) Expenses 237 ($30M) Net assets 308 ($9.6M)2025 Revenue 285 ($35M) Expenses 296 ($37M) Net assets 223 ($6.9M)
'17'18'19'20'21'22'23'24'25
Revenue (285)Expenses (296)Net assets (223)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $22M to $36M (+64%).

$10M
$9.9M
$9.6M
$11M
$11M
$13M
$24M
$22M
$36M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 78% · 2018 75% · 2020 5% · 2021 8% · 2023 92% · 2024 73% · 2025 75%. Grants only. Government contracts and fees sit inside program revenue.

79% of VICTORY PROGRAMS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$432k
’17
−$69k
’18
−$399k
’19
$127k
’20
$639k
’21
$1.9M
’22
$3.3M
’23
$790k
’24
−$2.7M
’25
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sarah Porter

President & CEO

Board chair

Craig Robbins

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed242518171617192222
Joined·+5+3+3+2+6+3+8+7
No longer listed·410435157
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 26 funders to 42 funders, grant income rose $505k → $1.3M.

11 of 83 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VICTORY PROGRAMS INC’s funders (the co-funder graph). Top 30 of 83 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VICTORY PROGRAMS INC has a broad base — no single funder exceeds 8% of grant income, and it takes 9 funders to reach half.

the vertical line marks half of all grant income — 9 funders to its left

41% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VICTORY PROGRAMS INC.

8%
largest funder
23%
top three
~24
effective funders

Largest funder’s share by year: 2017 15% · 2018 15% · 2019 17% · 2020 13% · 2021 18% · 2022 13% · 2023 11% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of VICTORY PROGRAMS INC's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

82% of VICTORY PROGRAMS INC's grant income comes from Massachusetts funders.

ME
WA
IL
WI
NY
MA
OH
PA
NJ
DE
NC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VICTORY PROGRAMS INC has grown faster than three-quarters of the 2,843 health nonprofits its size.

Operating margin−8% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)14% · top quartile

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Government funding VICTORY PROGRAMS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $75.1M on record — $6.2M federal, $68.9M state.

Federal$6.2M
grants $6.2Mcontracts $0
21
22
23
24
25
Top agencies
  • Department of Housing and Urban Development$4.1M
  • Department of Health and Human Services$2.1M
State$68.9M
17
18
19
20
21
22
23
24
25
Top programs
  • (MM) PURCHASED CLIENT/PROGRAM SVCS$68.1M
  • (PP) STATE AID/POL SUB$749k
  • (EE) ADMINISTRATIVE EXPENSES$3k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like VICTORY PROGRAMS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 13%Fundraising 1%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for VICTORY PROGRAMS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VICTORY PROGRAMS INC?
VICTORY PROGRAMS INC (Massachusetts) receives grants from 83 organizations whose IRS filings report $7,017,947 to it, the largest being United Way Of Massachusetts Bay Inc ($594,067). 57 of them have funded it in more than one year.
How many funders does VICTORY PROGRAMS INC have?
IRS filings report 83 organizations giving $7,017,947 in grants to VICTORY PROGRAMS INC, 57 of which have funded it in more than one year.
Who is the largest funder of VICTORY PROGRAMS INC?
United Way Of Massachusetts Bay Inc is the largest funder on record, with $594,067 in grants. The full list of funders is on this page.
How can an organization like VICTORY PROGRAMS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Victory Programs →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 83 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing