Vo-Vi Friendship Association

Analysis

Vo-Vi Friendship Association is a registered charity in United States, based in Westminster, CA. It received its IRS tax-exemption ruling in July 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 December 2023, Vo-Vi Friendship Association reported income of $99k and spending of $117k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $99k (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vo-Vi Friendship Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Mississippi Junior Colleges Economic Development Foundation in ($99k), PTA Florida Congress ($99k) and Civic Chorale of Greater Miami Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $189, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.