Steam for Vietnam Foundation

Analysis

Steam for Vietnam Foundation is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Steam for Vietnam Foundation reported income of $90k and spending of $91k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $90k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Steam for Vietnam Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include RRHS Football Booster Club ($90k), Lakewood Elementary School Foundation Inc ($90k) and Scholarships for Speedway Inc ($90k).

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 $32k against liabilities of $0, net assets of $32k.