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 $205k and spending of $191k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $212k to $205k (-3.4%), an average of -0.9% a year. Over the whole period it spent 93% 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 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Bakersfield Parent-Nursery ($205k), Paris Logan County Senior Citizens Inc ($205k) and Junior Sailing Association of Long Island Sound Inc ($205k).

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 $42k. At year end it held assets of $330k against liabilities of $253k, net assets of $77k.