Social Assistance Program for Vietnam

Analysis

Social Assistance Program for Vietnam is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in December 1992, 34 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, Social Assistance Program for Vietnam reported income of $460k and spending of $463k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $440k to $460k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Social Assistance Program for Vietnam sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Rescate Venezuela Inc ($460k), Junior Achievement of Arkansas ($460k) and Ono Friends Inc ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $6,822. At year end it held assets of $460k against liabilities of $0, net assets of $460k.