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 $145k and spending of $141k, spending 98% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $149k to $145k (-2.9%), an average of -1.4% a year. Over the whole period it spent 95% 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 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Martha Canfield Memorial Free Library Inc ($145k), Nassau Free Library ($145k) and Little League Baseball Inc ($145k).

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 $490k against liabilities of $20k, net assets of $470k.