Viethope Inc

Analysis

Viethope Inc is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in February 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Viethope Inc reported income of $105k and spending of $139k, spending 133% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $114k to $105k (-8.0%), an average of -1.7% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 124% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Viethope Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include India Vision Initiative Inc ($105k), Ntsenth Lotha International Ministries Inc ($105k) and One27 Haven Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $47k (34% of expenses). It paid $828 in professional fundraising fees. At year end it held assets of $653k against liabilities of $0, net assets of $653k.