Humanitarian Services for Children of Vietnam

Analysis

Humanitarian Services for Children of Vietnam is a registered charity in United States, based in Jordan, MN. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Humanitarian Services for Children of Vietnam reported income of $313k and spending of $334k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $531k to $313k (-41%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Humanitarian Services for Children of Vietnam sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Ritchie County Family Resources Network ($313k), Rockport-Fulton Good Samaritans Inc ($313k) and Soil2service Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $34k (10% of expenses). Other salaries and wages came to $116k. At year end it held assets of $796k against liabilities of $26k, net assets of $770k. It reported 1 employees.