Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Baton Rouge, LA. 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 2024, Volunteers of America Inc reported income of $189k and spending of $214k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $193k to $189k (-2.3%), an average of -0.6% a year. Over the whole period it spent 117% 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 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include New Heart Ministries ($189k), Fiesta Cornyation ($189k) and Parent Booster USA Inc ($189k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $422k against liabilities of $64k, net assets of $358k.

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.