Philadelphia Vietnam Veterans Memorial Advisory Fund

Analysis

Philadelphia Vietnam Veterans Memorial Advisory Fund is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2021, Philadelphia Vietnam Veterans Memorial Advisory Fund reported income of $70k and spending of $35k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $100k to $70k (-30%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philadelphia Vietnam Veterans Memorial Advisory Fund sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include South Bay Chinese Culture Assoc ($70k), Brightmusic Society of Oklahoma ($70k) and Narrative Research Group Inc ($70k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.