Volunteers Of America Inc
Volunteers Of America Inc faces persistent operating deficits and declining assets.
EIN: 200707382 · Mobile, AL · Updated: 2026-03-28
Is Volunteers Of America Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Volunteers Of America Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Volunteers Of America Inc
Volunteers Of America Inc (EIN: 200707382) is a nonprofit organization based in Mobile, AL. The organization reported total revenue of $328K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteers Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteers Of America Inc is a small nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $385K |
| Surplus / Deficit | $-86,312 |
| Total Assets | $2.9M |
| Total Liabilities | $300K |
| Net Assets | $2.6M |
| Operating Margin | -28.9% |
| Debt-to-Asset Ratio | 10.5% |
| Months of Reserves | 89.2 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $86K with expenses exceeding revenue, holds 89.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Volunteers Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.2% | +9.3% | -1.8% |
| 2023 | +0.2% | +0.9% | -2.3% |
| 2022 | +3.3% | +7.2% | -2.0% |
| 2021 | +2.0% | +7.5% | -2.2% |
| 2020 | +4.3% | -1.1% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Volunteers Of America Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Volunteers Of America Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.5%.
Executive Compensation Analysis
No officer compensation has been reported in any of the provided IRS 990 filings, which is unusual for an organization with annual expenses exceeding $300,000. This could indicate a volunteer-led executive team or that compensation is categorized differently, warranting further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Volunteers Of America Inc's IRS 990 filings:
- Persistent operating deficits: Expenses consistently exceed revenue across all reported periods.
- Declining asset base: Total assets have decreased by over $600,000 in the last nine years.
- Lack of detailed expense breakdown: Difficult to assess spending efficiency without knowing program vs. administrative vs. fundraising costs.
- No reported officer compensation: Raises questions about leadership cost transparency or sustainability of volunteer leadership for an organization of this size.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Manageable liabilities: Liabilities remain a relatively small portion of total assets, indicating no immediate debt crisis.
- Long operating history: 13 filings indicate a long-standing presence, suggesting established community ties.
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: 200707382) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Volunteers Of America Inc spend its money?
Volunteers Of America Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Volunteers Of America Inc tax-deductible?
Volunteers Of America Inc is registered as a tax-exempt nonprofit (EIN: 200707382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Volunteers Of America Inc plan to address its consistent operating deficits?
The organization has consistently spent more than it earned, with expenses exceeding revenue by $86,312 in the latest 202406 period. A clear strategy for revenue growth or expense reduction is crucial for long-term sustainability.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown, it's difficult to assess the efficiency of spending. The provided data only shows total revenue and expenses, not how those expenses are allocated across different functions.
Why is no officer compensation reported in any of the filings?
The absence of reported officer compensation across all 13 filings is notable. It's important to understand if executive leadership is entirely volunteer-based or if compensation is reported under other expense lines, which could affect transparency.
What is the strategy to halt the decline in total assets?
Total assets have decreased from $3,451,032 in 201506 to $2,804,240 currently. This trend, driven by operating deficits, needs a clear plan to reverse to ensure the organization's financial stability.
Filing History
IRS 990 filing history for Volunteers Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Volunteers Of America Inc's revenue has grown by 70.6%, moving from $175K to $298K. Total assets decreased by 24.9% over the same period, from $3.8M to $2.9M. Total functional expenses rose by 36.9%, from $281K to $385K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $86K, with expenses exceeding revenue. The organization holds $300K in liabilities against $2.9M in assets (debt-to-asset ratio: 10.5%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $298K | $385K | $2.9M | $300K | — | — |
| 2023 | $259K | $352K | $2.9M | $267K | — | View 990 |
| 2022 | $258K | $349K | $3.0M | $244K | — | View 990 |
| 2021 | $250K | $325K | $3.0M | $213K | — | View 990 |
| 2020 | $245K | $303K | $3.1M | $207K | — | View 990 |
| 2019 | $235K | $306K | $3.2M | $210K | — | View 990 |
| 2018 | $216K | $296K | $3.2M | $209K | — | View 990 |
| 2017 | $208K | $285K | $3.3M | $196K | — | View 990 |
| 2016 | $204K | $293K | $3.4M | $207K | — | View 990 |
| 2015 | $191K | $316K | $3.5M | $171K | — | View 990 |
| 2014 | $183K | $319K | $3.5M | $135K | — | View 990 |
| 2013 | $268K | $429K | $3.6M | $98K | — | View 990 |
| 2012 | $175K | $281K | $3.8M | $110K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $298K, expenses of $385K, and assets of $2.9M (revenue +15.2% year-over-year).
- 2023: Revenue of $259K, expenses of $352K, and assets of $2.9M (revenue +0.2% year-over-year).
- 2022: Revenue of $258K, expenses of $349K, and assets of $3.0M (revenue +3.3% year-over-year).
- 2021: Revenue of $250K, expenses of $325K, and assets of $3.0M (revenue +2.0% year-over-year).
- 2020: Revenue of $245K, expenses of $303K, and assets of $3.1M (revenue +4.3% year-over-year).
- 2019: Revenue of $235K, expenses of $306K, and assets of $3.2M (revenue +8.6% year-over-year).
- 2018: Revenue of $216K, expenses of $296K, and assets of $3.2M (revenue +4.1% year-over-year).
- 2017: Revenue of $208K, expenses of $285K, and assets of $3.3M (revenue +1.8% year-over-year).
- 2016: Revenue of $204K, expenses of $293K, and assets of $3.4M (revenue +7.2% year-over-year).
- 2015: Revenue of $191K, expenses of $316K, and assets of $3.5M (revenue +3.9% year-over-year).
- 2014: Revenue of $183K, expenses of $319K, and assets of $3.5M (revenue -31.7% year-over-year).
- 2013: Revenue of $268K, expenses of $429K, and assets of $3.6M (revenue +53.4% year-over-year).
- 2012: Revenue of $175K, expenses of $281K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteers Of America Inc:
Data Sources and Methodology
This transparency report for Volunteers Of America Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.