Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Shreveport, LA. 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 $241k and spending of $236k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $241k to $241k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 92% 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 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Hospice and Palliative Care Network of Maryland Inc ($241k), United Ministry to the Port of Galveston Inc ($241k) and Msruntheus ($241k).

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 $35k. At year end it held assets of $333k against liabilities of $257k, net assets of $77k.