Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in May 1965, 61 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Volunteers of America Inc reported income of $16.9m and spending of $16.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.0m to $16.9m (+5.3%), an average of +1.3% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Volunteers of America Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include United Methodist Senior Services Health Care Inc ($16.9m), Plantation Village Inc ($16.9m) and Alexian Brothers Medical Care Group NFP ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $9.2m. At year end it held assets of $11.3m against liabilities of $3.2m, net assets of $8.1m. It reported 162 employees.