Vietnamese Eucharistic Youth Society in the United States of Am

Analysis

Vietnamese Eucharistic Youth Society in the United States of Am is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in January 2001, 25 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, Vietnamese Eucharistic Youth Society in the United States of Am reported income of $356k and spending of $229k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $623k to $356k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnamese Eucharistic Youth Society in the United States of Am sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Walking by Faith Ministry Inc ($356k), John Lynch Speaks Inc ($356k) and Friends of Mosdot Nahalat Ytzhaq Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Other salaries and wages came to $23k. At year end it held assets of $2.3m against liabilities of $366k, net assets of $1.9m. It reported 1 employees.