Little Saigon Foundation

Analysis

Little Saigon Foundation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in July 1997, 29 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, Little Saigon Foundation reported income of $186k and spending of $177k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $186k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Saigon Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Goodwill Properties ($186k), United Way Retirees Association ($186k) and Alaska Association on Developmental Disabilities ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.