Vietnamese Heritage Museum

Analysis

Vietnamese Heritage Museum is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in July 2017, 9 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, Vietnamese Heritage Museum reported income of $99k and spending of $82k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $99k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vietnamese Heritage Museum sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Long Island Orchestra Inc ($99k), Arthur G Dove Tribute Group Inc ($99k) and Blacksburg Chinese School Inc ($99k).

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 $88k against liabilities of $0, net assets of $88k.