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 $111k and spending of $118k, spending 106% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $105k to $111k (+5.6%), an average of +5.6% a year. Over the whole period it spent 108% 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 39th percentile within VA. Charities of a similar size with the same main cause include Indianola Beach Improvement Club ($111k), South Granville Booster Club ($111k) and Down Syndrome Awareness Group of East Tennessee ($111k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $303k against liabilities of $570k, net assets of -$267k.