Vietnamese Pharmacists Association USA

Analysis

Vietnamese Pharmacists Association USA is a registered charity in United States, based in Gardengove, CA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Pharmacists Association USA reported income of $63k and spending of $59k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $66k to $63k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vietnamese Pharmacists Association USA sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Hope 4 Mobility Inc ($63k), Calebs Closet ($63k) and Central Council of the Society of St Vincent de Paul in the Diocese ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $248k against liabilities of $0, net assets of $248k.