Project Vietnam Foundation

Analysis

Project Vietnam Foundation is a registered charity in United States, based in Fountain Vly, CA. It received its IRS tax-exemption ruling in March 2009, 17 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, Project Vietnam Foundation reported income of $488k and spending of $397k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $971k to $488k (-50%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Vietnam Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Japan-America Society of Indiana Inc ($487k), The Small Things ($488k) and International Orphan Support Inc ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 39% of the total. At year end it held assets of $1.2m against liabilities of $30k, net assets of $1.2m.