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 $132k and spending of $1,103, leaving 99% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $343k to $132k (-62%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 28%. Over the whole period it spent 0.4% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Little League Baseball Inc ($132k), Steve Green Ministries Inc ($132k) and Progressive Steps Inc ($132k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 0.0% of the total. At year end it held assets of $2.9m against liabilities of $925, net assets of $2.9m.