The Volunteer Center of the Triad

Analysis

The Volunteer Center of the Triad is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 1976, 50 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Volunteer Center of the Triad reported income of $206k and spending of $132k, leaving 36% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $343k to $206k (-40%), an average of -9.7% a year. The sharpest change came in the year to June 2023, when income dropped by 33%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Volunteer Center of the Triad sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Sitka Sportsmans Association ($206k), American Friends of Beautiful Gateministries International ($206k) and American Friends of Dvar Shalom ($206k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $68k. At year end it held assets of $119k against liabilities of $13k, net assets of $106k. It reported 2 employees.