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 $466k and spending of $424k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $377k to $466k (+24%), an average of +5.4% 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 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Onslow Health Foundation ($466k), United Union of Roofers Waterproofers and Allied Workers ($466k) and Maui Hui Malama ($466k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.8m against liabilities of $2.9m, net assets of -$1.1m.