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Vietnam Health Education & Literature Projects

RegisteredEIN 94-3169584Milpitas, CAPoverty relief
Income$2.0m2023-12
Spending$2.1msame year
Spent / received93%5-year average
Size in its cause83rd pctPoverty relief
Exempt since1993Publicly supported organisat
Employees0latest return

Analysis

Vietnam Health Education & Literature Projects is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Health Education & Literature Projects reported income of $2.0m and spending of $2.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vietnam Health Education & Literature Projects sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Nexus Youth & Family Services ($2.0m), Guiding Our Youth ($2.0m) and Between Friends ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $139k (6.6% of expenses). At year end it held assets of $2.1m against liabilities of $107k, net assets of $2.0m.

Income and spending

$0$938k$1.9m$2.8m$3.8m2019 Income: $1,774,0512019 Spending: $1,581,43720192020 Income: $1,250,8902020 Spending: $1,367,85320202021 Income: $3,753,3302021 Spending: $2,105,43220212022 Income: $1,591,7382022 Spending: $2,454,85320222023 Income: $1,952,9842023 Spending: $2,101,7052023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 4.2%

Similar-sized charities, same cause

CharityLocationIncome
Nexus Youth & Family ServicesJackson$2.0m
Guiding Our YouthSimi Valley$2.0m
Between FriendsChicago$2.0m
Trels Home for ChildrenConroe$2.0m