Vietnamese American Nongovernmental Organization Network

Analysis

Vietnamese American Nongovernmental Organization Network is a registered charity in United States, based in Morgan Hills, CA. It received its IRS tax-exemption ruling in January 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, Vietnamese American Nongovernmental Organization Network reported income of $210k and spending of $235k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $210k (+4.7%), an average of +1.1% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Vietnamese American Nongovernmental Organization Network sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Amigos de Las Americas ($210k), New Dawn Communities Inc ($210k) and Keren Hatzadik - in Memory of Rabbiaryeh Levin of Blessed Memory ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $30k (13% of expenses). At year end it held assets of $532k against liabilities of $0, net assets of $532k.