Viet Tu Te Charity

Analysis

Viet Tu Te Charity is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2019, 7 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 2022, Viet Tu Te Charity reported income of $403k and spending of $407k, spending 101% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $243k to $403k (+66%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Viet Tu Te Charity sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Lemay-Dome Parking Association ($403k), Pacific Community of Alaska ($403k) and Paniolo Preservation Society ($403k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (9.4% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 32,648 employees.