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. 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 $138k and spending of $157k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $123k to $138k (+13%), an average of +3.0% a year. Over the whole period it spent 121% 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 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Ignis Community Inc - Sunyang Hana ($138k), Hamlin Community Daycare ($138k) and Four Winds Ministry Village Inc ($138k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $17k. At year end it held assets of $740k against liabilities of $162k, net assets of $578k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.