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 $111k and spending of $97k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $110k to $111k (+1.0%), an average of +1.0% a year. Over the whole period it spent 98% 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 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include St Joan Antida High School Foundation Ltd ($111k), PTA California Congress of Parents Teachers & Students Inc ($111k) and Little League Baseball Inc ($111k).

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 $458k against liabilities of $62k, net assets of $396k.