Xin Vang Foundation

Analysis

Xin Vang Foundation is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in March 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, Xin Vang Foundation reported income of $93k and spending of $73k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income grew from $1,355 to $93k (+6791%), an average of +6791% a year. The sharpest change came in the year to December 2023, when income rose by 6791%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Xin Vang Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Harvard Club of Dallas Inc ($93k), Fellowship Community Services ($93k) and Doodlebug Workshop Vocational Training Center Inc ($93k).

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 $42k against liabilities of $0, net assets of $42k.