Bless Vietnam Initiative

Analysis

Bless Vietnam Initiative is a registered charity in United States, based in Rosemead, CA. It received its IRS tax-exemption ruling in October 2010, 16 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, Bless Vietnam Initiative reported income of $173k and spending of $269k, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $242k to $173k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bless Vietnam Initiative sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Friends of the Oaxaca Learning Center ($173k), Tranquilidad Foundation ($173k) and Alternative Gift Markets Inc ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.