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 $152k and spending of $164k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $134k to $152k (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 495%. Over the whole period it spent 53% 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 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within LA. Charities of a similar size with the same main cause include Friends of the Library of Rio Rancho Inc ($152k), East Lincoln Senior High Band Aides Inc ($152k) and North Carolina Science Teachers Association ($152k).

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 $23k. At year end it held assets of $1.3m against liabilities of $1.1m, net assets of $186k.