Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Baton Rouge, LA. 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 $123k and spending of $179k, spending 145% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $117k to $123k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 111% 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 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within LA. Charities of a similar size with the same main cause include Stillwater Senior Citizens Center ($123k), Oroville Youth Soccer Club ($123k) and The Sisk Foundation of Buncombe Street United Methodist Church ($123k).

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 $30k. At year end it held assets of $773k against liabilities of $108k, net assets of $666k.