Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Shreveport, LA. 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 $70k and spending of $70k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $71k to $70k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 92% 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 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within LA. Charities of a similar size with the same main cause include Ptsa Michigan Congress of Parents Teachers and Students ($70k), Volunteers of America Inc ($70k) and Light Bearers Ministries Inc ($70k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $902k against liabilities of $736k, net assets of $166k.