Vietnam Society

Analysis

Vietnam Society is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in April 2022, 4 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, Vietnam Society reported income of $95k and spending of $77k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $95k (-2.1%), an average of -2.1% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vietnam Society sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Allen County Historical Society ($95k), Hutchinson Center for the Arts ($95k) and Historic Germantown Nashville Inc ($95k).

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 $29k against liabilities of $11k, net assets of $18k.