Museum of the Republic of Vietnam

Analysis

Museum of the Republic of Vietnam is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Museum of the Republic of Vietnam reported income of $80k and spending of $62k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $80k (+277%), an average of +277% a year. The sharpest change came in the year to December 2023, when income rose by 277%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of the Republic of Vietnam sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Pocahontas Reframed- Native American Storytellers Film Festiva ($80k), New Asia Chamber Music Society Inc ($80k) and Gujarati Heritage Association Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.