Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Alexandria, VA. 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 $83k and spending of $91k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $69k to $83k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2024, when income rose by 17%. 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 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Alpha Omega Foundation Inc ($83k), Schuylkill Haven Area PTO ($83k) and The 4 C Foundation Inc ($83k).

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 $9,386. At year end it held assets of $568k against liabilities of $31k, net assets of $537k.

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.