Vietnamese Franciscan Vocation

Analysis

Vietnamese Franciscan Vocation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Vietnamese Franciscan Vocation reported income of $263k and spending of $163k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $374k to $263k (-30%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnamese Franciscan Vocation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Ldi Foundation Inc ($263k), Primus University of Theology International ($263k) and Oasis Ministry ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.