Federation of Young Vietnamese Volunteers Van Lang San Jose

Analysis

Federation of Young Vietnamese Volunteers Van Lang San Jose is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Federation of Young Vietnamese Volunteers Van Lang San Jose reported income of $85k and spending of $95k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $85k (-62%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Federation of Young Vietnamese Volunteers Van Lang San Jose sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Jump-In Enrichment LLC ($85k), Hui Nalu Ocean Club ($85k) and Housing Resources for Youth ($85k).

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 $76k against liabilities of $0, net assets of $76k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.