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 $334k and spending of $1,055, leaving 100% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $245k to $334k (+36%), an average of +8.0% a year. Over the whole period it spent 0.3% 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 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Big Brothers and Sisters of Butte Silver Bow Incorporated ($334k), Topanga Enrichment Programs Inc ($334k) and Georgia Association of Black Women Attorneys Foundation Inc ($334k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $4.5m against liabilities of $466k, net assets of $4.0m.