Lua Viet Youth Association Inc

Analysis

Lua Viet Youth Association Inc is a registered charity in United States, based in Marlboro, NJ. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lua Viet Youth Association Inc reported income of $95k and spending of $129k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $214k to $95k (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 110% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lua Viet Youth Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Community of Hope Haiti Inc ($95k), Zion International Missions Ministry Inc ($95k) and Modesto Sister Cities International Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.