Volunteers in Service to Others

Analysis

Volunteers in Service to Others is a registered charity in United States, based in Gainesville, TX. It received its IRS tax-exemption ruling in January 1981, 45 years ago. 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, Volunteers in Service to Others reported income of $724k and spending of $669k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $724k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteers in Service to Others sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Care House Inc ($724k), Fairmount Round Robins CB Club Inc ($724k) and White Sands HFH Inc ($724k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $71k (11% of expenses). Other salaries and wages came to $66k. At year end it held assets of $773k against liabilities of $4,087, net assets of $769k. It reported 6 employees.