Vietnam Ministries Inc

Analysis

Vietnam Ministries Inc is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Vietnam Ministries Inc reported income of $344k and spending of $423k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $440k to $344k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnam Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Esperanza Inc ($344k), Congregation Beth Israel Jewish Center W S ($344k) and CTW Ministries Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $64k (15% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.8m against liabilities of $14k, net assets of $1.8m. It reported 4 employees.