Friends of Vinhson Montagnard Catholic Orphanage & Mission-Vietm

Analysis

Friends of Vinhson Montagnard Catholic Orphanage & Mission-Vietm is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Friends of Vinhson Montagnard Catholic Orphanage & Mission-Vietm reported income of $554k and spending of $385k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $554k (+86%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Vinhson Montagnard Catholic Orphanage & Mission-Vietm sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Noho Home Alliance ($554k), Warriors Helping Warriors ($554k) and Volunteer Food and Resource Center ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.