Vo VI Friendship Association in Washington

Analysis

Vo VI Friendship Association in Washington is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Vo VI Friendship Association in Washington reported income of $86k and spending of $42k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $40k to $86k (+117%), an average of +117% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vo VI Friendship Association in Washington 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 33rd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Hope Totes Inc ($86k), St Joseph Medical Center of Fort Wayne ($86k) and Autism Rescue Angels ($86k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.