Remember Nhu

Analysis

Remember Nhu is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Remember Nhu reported income of $3.7m and spending of $3.3m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $3.7m (+6.1%), an average of +1.5% a year. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Remember Nhu sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Spy Hop Productions Inc ($3.7m), Millard United Sports ($3.7m) and Boys & Girls Club of Henderson Co Hendersonville Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $307k (9.4% of expenses). Other salaries and wages came to $144k. At year end it held assets of $2.1m against liabilities of $59k, net assets of $2.0m. It reported 9 employees.