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).

In the financial year ending June 2023, Volunteers of America Inc reported income of $106k and spending of $109k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $102k to $106k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 101% 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 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include South Milwaukee Little League Inc ($106k), Deliverance Ministries Inc ($106k) and Oregon City Preschool ($106k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $818k against liabilities of $125k, net assets of $693k.