Volunteernow

Analysis

Volunteernow is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Volunteernow reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.5m (-3.3%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Volunteernow sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Ellsworth County Health Care ($3.5m), Independent Group Home Living ($3.5m) and Community Foundation of South Central Kentucky Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $411k (12% of expenses). Other salaries and wages came to $943k. At year end it held assets of $4.1m against liabilities of $668k, net assets of $3.4m. It reported 35 employees.