Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Euless, TX. 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 $66k and spending of $98k, spending 149% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $63k to $66k (+3.3%), an average of +3.3% a year. Over the whole period it spent 138% 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 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include National Charity League Inc ($66k), Georgia Military Veterans Hall of Fame ($66k) and Funeral Consumers Alliance Inc ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $312k against liabilities of $80k, net assets of $232k.