Viet Toc Foundation Inc

Analysis

Viet Toc Foundation Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in June 2002, 24 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 (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 2022, Viet Toc Foundation Inc reported income of $915k and spending of $495k, leaving 46% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $636k to $915k (+44%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 63% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Viet Toc Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Good News Center Inc ($915k), Imani House ($916k) and Trustafrica ($915k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.