Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in May 1965, 61 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Volunteers of America Inc reported income of $121k and spending of $180k, spending 149% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $127k to $121k (-4.9%), an average of -1.0% a year. Over the whole period it spent 147% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteers of America Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include River Rats Inc ($121k), Iroquois County Historical Society ($121k) and PTA California Congress of Parents Teachers & Students Inc ($121k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $20k. At year end it held assets of $1.7m against liabilities of $61k, net assets of $1.6m.

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.