Khai Tri Vietnamese Language and Culture Academy

Analysis

Khai Tri Vietnamese Language and Culture Academy is a registered charity in United States, based in Pearland, TX. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Khai Tri Vietnamese Language and Culture Academy reported income of $82k and spending of $51k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $82k (+0.8%), an average of +0.8% a year. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Khai Tri Vietnamese Language and Culture Academy sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Sewickley Valley Historical Society ($82k), Independent Filmworks Inc ($82k) and Alliance for a Multiracial Society Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.