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. 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 $196k and spending of $180k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $156k to $196k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 96% 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 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Little League Baseball Inc ($196k), Cultural Media Collaborative Inc ($196k) and Kid Possible Inc ($196k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $226k against liabilities of $176k, net assets of $50k.