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 $445k and spending of $451k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $401k to $445k (+11%), an average of +2.7% a year. Over the whole period it spent 98% 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 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within AL. Charities of a similar size with the same main cause include Rancho Santa Fe Seniors ($445k), Habitat for Humanity International Inc ($445k) and Saint Andrews Society of Philadelphia ($445k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $33k. At year end it held assets of $1.3m against liabilities of $1.2m, net assets of $72k.