Volunteers Of America Inc
Volunteers Of America Inc maintains strong assets and no liabilities despite a six-year revenue decline.
EIN: 200830328 · Cape Coral, FL · Updated: 2026-03-28
Is Volunteers Of America Inc Legit?
Some 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 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Volunteers Of America Inc
Volunteers Of America Inc (EIN: 200830328) is a nonprofit organization based in Cape Coral, FL. The organization reported total revenue of $1.1M and total assets of $5.7M 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 mid-size nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $795K |
| Surplus / Deficit | +$281K |
| Total Assets | $5.4M |
| Net Assets | $5.4M |
| Operating Margin | 26.2% |
| Months of Reserves | 81.8 months |
Financial Health Grade: A
In 2023, Volunteers Of America Inc reported a surplus of $281K with revenue exceeding expenses, holds 81.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Volunteers Of America Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.5% | -8.9% | +5.5% |
| 2022 | -4.2% | -9.3% | +11.6% |
| 2021 | -4.2% | -11.1% | +12.4% |
| 2020 | -2.6% | -9.5% | +12.4% |
| 2019 | -6.7% | -8.2% | +11.6% |
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 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Volunteers Of America Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $281K, with revenue exceeding expenses.
Executive Compensation Analysis
Volunteers Of America Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated by a parent organization, which is a strong positive for resource allocation directly to programs.
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:
- Consistent decline in revenue over the past six years (from $2,090,007 in 2017 to $1,076,147 in 2023).
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Consistent asset growth, increasing from $1,546,683 in 2014 to $5,419,035 in 2023.
- Zero reported liabilities across all filings, indicating strong financial stability.
- 0% officer compensation reported, suggesting high efficiency in resource allocation.
- Expenses consistently below revenue, allowing for asset accumulation.
- Consistent filing of IRS Form 990s, demonstrating transparency.
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: 200830328) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Volunteers Of America Inc spend its money?
Volunteers Of America Inc directs 85% 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: 200830328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why has Volunteers Of America Inc's revenue been declining since 2017?
The provided data shows a consistent decline in revenue from $2,090,007 in 2017 to $1,076,147 in 2023. Further investigation into the organization's funding sources and operational changes would be needed to understand the specific reasons for this trend.
How does Volunteers Of America Inc manage to have zero liabilities consistently?
The consistent reporting of $0 liabilities across all filings suggests extremely prudent financial management, a strong cash position, or that any significant debts are held by a larger parent organization, if this entity is a subsidiary.
What is the impact of 0% officer compensation on the organization's operations?
Zero officer compensation indicates that either the leadership is entirely volunteer, or their salaries are covered by a larger umbrella organization. This allows a greater proportion of the organization's revenue to be directed towards program services and operational expenses, enhancing efficiency.
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 (2011–2023), Volunteers Of America Inc's revenue has declined by 47.5%, moving from $2.0M to $1.1M. Total assets increased by 343% over the same period, from $1.2M to $5.4M. Total functional expenses fell by 53.9%, from $1.7M to $795K. In its most recent filing year (2023), Volunteers Of America Inc reported a surplus of $281K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $795K | $5.4M | $0 | — | — |
| 2022 | $1.4M | $872K | $5.1M | $0 | — | View 990 |
| 2021 | $1.5M | $962K | $4.6M | $0 | — | View 990 |
| 2020 | $1.5M | $1.1M | $4.1M | $0 | — | View 990 |
| 2019 | $1.6M | $1.2M | $3.6M | $0 | — | View 990 |
| 2018 | $1.7M | $1.3M | $3.3M | $0 | — | View 990 |
| 2017 | $2.1M | $1.4M | $2.9M | $0 | — | View 990 |
| 2016 | $1.0M | $765K | $2.2M | $0 | — | View 990 |
| 2015 | $2.4M | $2.0M | $1.9M | $0 | — | View 990 |
| 2014 | $2.0M | $1.9M | $1.5M | $0 | — | View 990 |
| 2013 | $1.8M | $1.7M | $1.4M | $0 | — | View 990 |
| 2012 | $1.8M | $1.7M | $1.3M | $0 | — | View 990 |
| 2011 | $2.0M | $1.7M | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $795K, and assets of $5.4M (revenue -23.5% year-over-year).
- 2022: Revenue of $1.4M, expenses of $872K, and assets of $5.1M (revenue -4.2% year-over-year).
- 2021: Revenue of $1.5M, expenses of $962K, and assets of $4.6M (revenue -4.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $4.1M (revenue -2.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.2M, and assets of $3.6M (revenue -6.7% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.3M, and assets of $3.3M (revenue -19.3% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.4M, and assets of $2.9M (revenue +100.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $765K, and assets of $2.2M (revenue -55.7% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.0M, and assets of $1.9M (revenue +19.2% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $1.5M (revenue +10.0% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.7M, and assets of $1.4M (revenue -1.2% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $1.3M (revenue -11.2% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.7M, and assets of $1.2M.
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.