Volti

Analysis

Volti is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 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 August 2023, Volti reported income of $294k and spending of $261k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $226k to $294k (+30%), an average of +6.8% a year. The sharpest change came in the year to August 2022, when income rose by 68%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volti sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Lee Library Association ($294k), Little League Baseball Inc ($294k) and Statesman Foundation Inc ($294k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. At year end it held assets of $238k against liabilities of $25k, net assets of $213k.