One Hope for Vietnam

Analysis

One Hope for Vietnam is a registered charity in United States, based in Fairport, NY. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, One Hope for Vietnam reported income of $1.4m and spending of $621k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $223k to $1.4m (+549%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 503%. Over the whole period it spent 59% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, One Hope for Vietnam sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Tahrir Institute for Middle East Policy ($1.4m), Children of Vietnam ($1.4m) and Concern America ($1.4m).

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 $835k against liabilities of $0, net assets of $835k.