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 housing and shelter, which this site groups under housing and shelter. 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 $423k and spending of $407k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $381k to $423k (+11%), an average of +2.6% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Volunteers of America Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include TG 305 Inc ($423k), Ahepa 78 Phase V Inc ($424k) and Bethel Area Housing South ($423k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $61k. At year end it held assets of $1.8m against liabilities of $1.6m, net assets of $220k.