Vietnam Foundation

Analysis

Vietnam Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Vietnam Foundation reported income of $81k and spending of $270k, spending 332% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $213k to $81k (-62%), an average of -27% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Vietnam Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include Perkin Educational Opportunities Foundation Inc ($81k), American Friends of Bnot Chayil College Inc ($82k) and Fundacion Esperanza Inc ($81k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 11% of the total. Other salaries and wages came to $150k. At year end it held assets of $525k against liabilities of $0, net assets of $525k.