Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Alexandria, VA. 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 $688k and spending of $933, leaving 100% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $36k to $688k (+1792%), an average of +109% a year. The sharpest change came in the year to June 2024, when income rose by 1797%. Over the whole period it spent 0.5% 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 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($688k), Watertown Christian School ($688k) and Tree of Life Center Inc ($688k).

At year end it held assets of $138 against liabilities of $14k, net assets of -$14k.