National Organization of Vietnamese American Leaders of Greater DC

Analysis

National Organization of Vietnamese American Leaders of Greater DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, National Organization of Vietnamese American Leaders of Greater DC reported income of $154k and spending of $111k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $154k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Organization of Vietnamese American Leaders of Greater DC sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 25th percentile within DC. Charities of a similar size with the same main cause include Art Business Incubator South Padre Island ($154k), United Daughters of the Confederacy ($154k) and Aamaal ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 136% and program service revenue 15% of the total. At year end it held assets of $32k against liabilities of -$13k, net assets of $45k.