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).

In the financial year ending June 2024, Volunteers of America Inc reported income of $51k and spending of $83k, spending 164% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $43k to $51k (+17%), an average of +5.4% a year. Over the whole period it spent 152% 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 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include American Society of Civil Engineers ($51k), PTA Texas Congress ($51k) and PTA Georgia Congress ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $400k against liabilities of $74k, net assets of $326k.

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.