Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Harrisburg, PA. 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 $147k and spending of $214k, spending 146% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $167k to $147k (-12%), an average of -3.1% a year. Over the whole period it spent 138% 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 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Greater Los Angeles Chapter of the Barbershop Harmony Society ($147k), PTA California Congress of Parents Teachers & Students Inc ($147k) and Christian Life Center of Harrodsburg ($147k).

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 $28k. At year end it held assets of $2.2m against liabilities of $2.3m, net assets of -$105k.

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.