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 publicly supported organisation (gross receipts test) 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 $269k and spending of $267k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $264k to $269k (+2.2%), an average of +0.5% a year. Over the whole period it spent 110% 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 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Ed Tandy McGlasson Ministries Inc ($269k), Little League Baseball Inc ($269k) and Medina County Historical Society ($269k).

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 $59k. At year end it held assets of $611k against liabilities of $48k, net assets of $564k.