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 March 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 $59k and spending of $73k, spending 125% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $48k to $59k (+23%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Volunteers of America Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Voices of Grief Support and Education Center ($59k), Ambassadors Foundation Inc ($59k) and Saint Vincent Depaul Society Sacred Heart of Jesus ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $350k against liabilities of $39k, net assets of $311k.