Associates of Vietnam Veterans of America Inc

Analysis

Associates of Vietnam Veterans of America Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 February 2022, Associates of Vietnam Veterans of America Inc reported income of $118k and spending of $117k, spending 99% of its income. Across the 3 years on record, from February 2020 to February 2022, income fell from $127k to $118k (-7.2%), an average of -3.7% a year. The sharpest change came in the year to February 2022, when income rose by 60%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Associates of Vietnam Veterans of America Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Friends of Southington Community Services ($118k), Reynoldstown Civic Improvement League Inc ($118k) and Morning Star Ministries of the North Penn Area Inc ($117k).

On its Form 990 for the period ending February 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $655k against liabilities of $35k, net assets of $620k.