Viet Rainbow of Orange County
Analysis
Viet Rainbow of Orange County is a registered charity in United States, based in Buena Park, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Viet Rainbow of Orange County reported income of $259k and spending of $182k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $256k to $259k (+1.5%), an average of +1.5% a year. Over the whole period it spent 43% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Viet Rainbow of Orange County 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 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Daniel Payne Outreach Ministries Inc ($259k), Centro Tepeyac Inc ($259k) and Families First Community Center ($259k).
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 $421k against liabilities of $0, net assets of $421k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Daniel Payne Outreach Ministries Inc | Nashville | $259k |
| Centro Tepeyac Inc | Silver Spring | $259k |
| Families First Community Center | Ellsworth | $259k |
| Triangle Area Telugu Association of North Carolina | Morrisville | $259k |