For Vietnam

Analysis

For Vietnam is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, For Vietnam reported income of $126k and spending of $164k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $126k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, For Vietnam sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Pahc Sheridan Apartments Inc ($126k), Solon Community Housing Corporation ($126k) and Cheyenne Meadows Corp ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $3,460, net assets of $202k.