Institute for Civic Education in Vietnam

Analysis

Institute for Civic Education in Vietnam is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Institute for Civic Education in Vietnam reported income of $235k and spending of $193k, spending 82% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $190k to $235k (+24%), an average of +24% a year. The sharpest change came in the year to August 2023, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Civic Education in Vietnam sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Washington Civil & Disability Advocate ($235k), Erappa the Eastern Region of the Association of Higher Education ($235k) and Windsor Street Montessori School ($235k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $63k (33% of expenses). At year end it held assets of $255k against liabilities of $69k, net assets of $186k. It reported 3 employees.