Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in St Petersburg, FL. 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 2023, Volunteers of America Inc reported income of $128k and spending of $152k, spending 119% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $131k to $128k (-1.9%), an average of -1.9% a year. Over the whole period it spent 104% 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 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Family Association of Northfield Inc ($128k), The Norfolk Street Choir Project Inc ($128k) and The Cooperative Community Ministries Inc ($128k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $370k against liabilities of $28k, net assets of $341k.