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. Its declared purposes cover human services, which this site groups under poverty relief. 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 $993k and spending of $942k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $896k to $993k (+11%), an average of +2.6% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Volunteers of America Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include People Helping People Inc ($993k), Childrens Village Foundation Inc ($993k) and The Grandberry Intervention Foundation ($993k).

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 $197k. At year end it held assets of $2.8m against liabilities of $3.3m, net assets of -$439k.