Vietnamese League of Orange County

Analysis

Vietnamese League of Orange County is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in March 1982, 44 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 2024, Vietnamese League of Orange County reported income of $658k and spending of $699k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.5m to $658k (-56%), an average of -15% a year. The sharpest change came in the year to June 2021, when income dropped by 46%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vietnamese League of Orange County sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include National Church Residences of ($658k), CC Mellor Memorial Library & Edgewood Community House ($658k) and Yankton Area Youth Soccer Association ($658k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $36k (5.2% of expenses). Other salaries and wages came to $275k. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 10 employees.