Vietnam Ministries and Seaof Inc

Analysis

Vietnam Ministries and Seaof Inc is a registered charity in United States, based in Liberty, IN. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Vietnam Ministries and Seaof Inc reported income of $451k and spending of $368k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.3m to $451k (-64%), an average of -29% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnam Ministries and Seaof Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Shefa Jewish Psychedelic Support ($451k), Ministry Development Network ($451k) and Congregation Tof Luh Vin Shaya Inc ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.