Vietnamese American Roundtable

Analysis

Vietnamese American Roundtable is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Vietnamese American Roundtable reported income of $247k and spending of $378k, spending 153% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $495k to $247k (-50%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vietnamese American Roundtable sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include American Planning Association ($247k), Seeing Hand Association Inc ($247k) and Rebuilding Together Boston Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (18% of expenses). At year end it held assets of $444k against liabilities of $0, net assets of $444k. It reported 5 employees.