Bach-Viet Association Inc

Analysis

Bach-Viet Association Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 1984, 42 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 September 2024, Bach-Viet Association Inc reported income of $3.1m and spending of $3.1m, spending 100% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $1.1m to $3.1m (+181%), an average of +23% a year. The sharpest change came in the year to September 2022, when income rose by 71%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bach-Viet Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Clayton Early Childhood Center ($3.1m), Community Involved in Sustaining Agriculture Inc ($3.1m) and Uva Caton Merchant House Assisted Living ($3.1m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $477k (16% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $361k against liabilities of $182k, net assets of $179k. It reported 12 employees.