Volunteers or America Inc

Analysis

Volunteers or America Inc is a registered charity in United States, based in Tulsa, OK. 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 or America Inc reported income of $253k and spending of $394k, spending 156% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $206k to $253k (+23%), an average of +5.3% a year. Over the whole period it spent 148% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteers or America Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within OK. Charities of a similar size with the same main cause include Wyoming Community Hospital Foundation ($253k), Forever Kids ($253k) and PTA Florida Congress ($253k).

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 $41k. At year end it held assets of $3.0m against liabilities of $362k, net assets of $2.7m.

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.