Quick charity verification for Volunteers Of America Inc (EIN: 208947208)
Verdict: Volunteers Of America Inc appears trustworthy
70/100Mission Score
$3.6MRevenue
$30.3MAssets
2Red Flags
2Strengths
Red Flags
Significant expense spike in 2022 ($14,222,165) far exceeding revenue ($3,321,092) without clear explanation in provided data.
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further inquiry into executive remuneration practices.
Strengths
Consistent asset growth from $24,274,303 in 2020 to $32,414,873 in 2023, indicating financial stability and accumulation of resources.
Positive net assets (Assets exceeding Liabilities) in all reported periods, with liabilities consistently low relative to assets (e.g., $3,437,282 liabilities vs. $32,414,873 assets in 2023).
Spending Breakdown
How Volunteers Of America Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volunteers Of America Inc (EIN: 208947208) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Volunteers Of America Inc a good charity to donate to?
Volunteers Of America Inc has a Mission Score of 70/100. Revenue: $3.6M. Assets: $30.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Volunteers Of America Inc?
The Employer Identification Number (EIN) for Volunteers Of America Inc is 208947208. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Volunteers Of America Inc spend its money?
Volunteers Of America Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Volunteers Of America Inc's tax-exempt status?
You can verify Volunteers Of America Inc's tax-exempt status using EIN 208947208 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Volunteers Of America Inc demonstrates a generally stable financial position with consistent asset growth over the past four years, increasing from $24,274,303 in 2020 to $32,414,873 in 2023. The organization's revenue has fluctuated, with a notable peak of $6,737,741 in 2021 and a more recent figure of $4,055,890 in 2023. A significant anomaly appears in 2022, where expenses ($14,222,165) far exceeded revenue ($3,321,092), which warrants further investigation to understand the nature of this deficit. The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer-led executive team or that executive compensation is not reported in this specific field, which could impact transparency assessment. Overall, while assets are growing, the erratic expense pattern in 2022 raises questions about spending efficiency in that particular period.