Volunteers in Asia
Analysis
Volunteers in Asia is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Volunteers in Asia reported income of $1.1m and spending of $1.3m, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.5m to $1.1m (-55%), an average of -15% a year. The sharpest change came in the year to June 2024, when income rose by 91%. Over the whole period it spent 111% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Volunteers in Asia sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Serve Northwest Arkansas Inc ($1.1m), Key of Hope ($1.1m) and Meet International Inc ($1.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $233k (19% of expenses). Other salaries and wages came to $410k. At year end it held assets of $4.4m against liabilities of $197k, net assets of $4.2m. It reported 8 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Program services 34%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Serve Northwest Arkansas Inc | Fayetteville | $1.1m |
| Key of Hope | Auburn Hills | $1.1m |
| Meet International Inc | Boston | $1.1m |
| Hope Unlimited for Children Inc | Portola Valley | $1.1m |