America Vietnam-Chinese Friendship Association

Analysis

America Vietnam-Chinese Friendship Association is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1997, 29 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 May 2023, America Vietnam-Chinese Friendship Association reported income of $300k and spending of $171k, leaving 43% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $155k to $300k (+94%), an average of +25% a year. The sharpest change came in the year to May 2022, when income rose by 61%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, America Vietnam-Chinese Friendship Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Kula for Karma ($300k), Partners Library Action Network ($300k) and Humane Equine Aid & Rapid Transport Inc ($300k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m. It reported 3 employees.