Vietnamese Boat People a NJ Nonprofit Co

Analysis

Vietnamese Boat People a NJ Nonprofit Co is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in February 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vietnamese Boat People a NJ Nonprofit Co reported income of $65k and spending of $66k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $65k (-2.1%), an average of -2.1% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vietnamese Boat People a NJ Nonprofit Co sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Parent Booster USA Inc ($65k), PTA Georgia Congress ($65k) and Concerned Citizens of Bradford County Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.6% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.