Vietnamese American Communitycenter of the East Bay

Analysis

Vietnamese American Communitycenter of the East Bay is a registered charity in United States, based in San Leandro, CA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Vietnamese American Communitycenter of the East Bay reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $537k to $1.7m (+225%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 518%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vietnamese American Communitycenter of the East Bay 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 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Overton Park Conservancy ($1.7m), Connecticut Junior Soccer Association Inc ($1.7m) and Girls on the Run Chicago Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $121k (7.3% of expenses). Other salaries and wages came to $717k. At year end it held assets of $2.0m against liabilities of $13k, net assets of $2.0m. It reported 24 employees.