Vietnamese Sangha Congregation in America

Analysis

Vietnamese Sangha Congregation in America is a registered charity in United States, based in Mount Vernon, AL. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vietnamese Sangha Congregation in America reported income of $176k and spending of $104k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $111k to $176k (+59%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnamese Sangha Congregation in America sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within AL. Charities of a similar size with the same main cause include Nations Reach ($176k), American Friends of Yeshivat Harei Yehuda Inc ($176k) and Remember Jerusalem Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (16% of expenses). At year end it held assets of $832k against liabilities of $0, net assets of $832k.