Voice Vietnamese Overseas Initiative Conscience Empowerment

Analysis

Voice Vietnamese Overseas Initiative Conscience Empowerment is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Voice Vietnamese Overseas Initiative Conscience Empowerment reported income of $481k and spending of $495k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $686k to $481k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Voice Vietnamese Overseas Initiative Conscience Empowerment sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Restoring Hope Nepal ($481k), Ananda Marga Inc ($481k) and Gabriel Project Mumbai ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $230k. At year end it held assets of $764k against liabilities of $520k, net assets of $243k.