Vietnam Scholarship Foundation

Analysis

Vietnam Scholarship Foundation is a registered charity in United States, based in Sammamish, WA. It received its IRS tax-exemption ruling in December 2004, 22 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 June 2024, Vietnam Scholarship Foundation reported income of $168k and spending of $96k, leaving 43% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $215k to $168k (-22%), an average of -12% a year. The sharpest change came in the year to June 2024, when income rose by 283%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vietnam Scholarship Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Fall Creek School Booster Club ($168k), Council on Immigrant Relations ($168k) and Rottschafers Day Care Inc ($168k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $444k against liabilities of $0, net assets of $444k.