Vietnamese Buddhist Association

Analysis

Vietnamese Buddhist Association is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in January 1977, 49 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vietnamese Buddhist Association reported income of $303k and spending of $325k, spending 107% of what it took in. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vietnamese Buddhist Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Social Service Association of Ridgewood and Vicinity ($303k), Trust U W Sarahs Brayton ($303k) and Regen Foundation ($303k).

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 $2.4m against liabilities of $0, net assets of $2.4m.