Au Co Vietnamese Cultural Center

Analysis

Au Co Vietnamese Cultural Center is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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 2023, Au Co Vietnamese Cultural Center reported income of $283k and spending of $238k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $161k to $283k (+76%), an average of +76% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Au Co Vietnamese Cultural Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Parent to Parent of Broward County Inc ($283k), Bonnie Boys Club Inc ($283k) and Enfield Volunteer Fire Company Inc ($283k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 7.8% of the total. At year end it held assets of $159k against liabilities of $16k, net assets of $144k.