Volunteers of America Inc

Analysis

Volunteers of America Inc is a registered charity in United States, based in Alexandria, VA. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending June 2024, Volunteers of America Inc reported income of $461k and spending of $547k, spending 119% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $380k to $461k (+21%), an average of +4.9% a year. Over the whole period it spent 124% 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 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Rotary Club of Ojai Educational Foundation Inc ($461k), F H Coe PTA Seattle Council 6-15-70 ($461k) and St Francis Sailing Foundation ($461k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $124k. At year end it held assets of $2.6m against liabilities of $113k, net assets of $2.5m.

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.