Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Alexandria, VA. 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 $443k and spending of $588k, spending 133% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $393k to $443k (+12%), an average of +3.0% a year. Over the whole period it spent 134% 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 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Triangle Native American Society Inc ($442k), Mother and Unborn Child Care of Lufkin Inc ($443k) and PTA New Jersey Congress of Parents & Teachers ($442k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $94k. At year end it held assets of $2.9m against liabilities of $2.5m, net assets of $397k.

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.