Vnam Childrens Foundation

Analysis

Vnam Childrens Foundation is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Vnam Childrens Foundation reported income of $62k and spending of $17k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $37k to $62k (+65%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 18% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vnam Childrens Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within OR. Charities of a similar size with the same main cause include Making Kane County Fit for Kids ($62k), Arab American Cultural Center ($62k) and Mission Element Inc ($62k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $249k against liabilities of $0, net assets of $249k.