Fulbright University Vietnam USA Inc

Analysis

Fulbright University Vietnam USA Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Fulbright University Vietnam USA Inc reported income of $3.0m and spending of $3.3m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.0m to $3.0m (-58%), an average of -19% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fulbright University Vietnam USA Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include National Association of Scholars Inc ($3.0m), Harmony Academy ($3.0m) and Macdonald Montessori School ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $468k (14% of expenses). Other salaries and wages came to $228k. It paid $48k in professional fundraising fees. At year end it held assets of $991k against liabilities of $674k, net assets of $317k. It reported 4 employees.