Volunteers Of America Inc
Volunteers Of America Inc consistently operates at a deficit, depleting assets over the past decade.
EIN: 201659219 · Mobile, AL · 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 75% 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: 201659219) is a nonprofit organization based in Mobile, AL. The organization reported total revenue of $70K and total assets of $887K 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 micro 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 2.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $112K |
| Surplus / Deficit | $-48,695 |
| Total Assets | $919K |
| Total Liabilities | $62K |
| Net Assets | $856K |
| Operating Margin | -77.3% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 98.7 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $49K with expenses exceeding revenue, holds 98.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (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 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.5% | +9.8% | -3.4% |
| 2023 | -3.9% | +13.5% | -3.5% |
| 2022 | -32.2% | +0.5% | -2.6% |
| 2021 | +65.0% | +0.0% | +0.1% |
| 2020 | +7.2% | -0.2% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 55 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Volunteers Of America Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly commendable for a nonprofit of its size.
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 deficit spending, with expenses exceeding revenue in every reported year.
- Steady decline in total assets over the past decade, from $1,156,815 in 2015 to $918,680 in 2024.
- Increasing liabilities in recent years, from $38,260 in 2021 to $62,283 in 2024, indicating potential reliance on debt.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, making efficiency assessment difficult.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to minimizing executive overhead.
- Long history of IRS 990 filings (13 filings), suggesting transparency in financial reporting.
- Maintained significant assets (over $900,000) despite consistent operating deficits, indicating a strong initial financial base.
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: 201659219) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does Volunteers Of America Inc spend its money?
Volunteers Of America Inc directs 75% 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: 201659219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Volunteers Of America Inc financially sustainable?
The organization's financial sustainability is questionable due to a consistent pattern of expenses exceeding revenue, leading to a steady decline in assets over the past decade. For instance, in 2024, expenses were $111,652 while revenue was $62,957.
What is the primary cause of the asset decline?
The primary cause of the asset decline is the persistent deficit spending, where annual expenses have consistently outpaced annual revenues in every reported period, drawing down the organization's reserves.
How does the organization cover its operating deficits?
The organization appears to cover its operating deficits by drawing down its assets, as evidenced by the decrease from $1,156,815 in 2015 to $918,680 in 2024, and potentially through increasing liabilities, which rose from $34,270 in 2015 to $62,283 in 2024.
What is the organization's strategy to increase revenue or reduce expenses?
Based solely on the provided IRS 990 data, there is no information detailing the organization's specific strategies to address its revenue shortfalls or expense management. This would require further investigation into their operational plans.
Is the lack of officer compensation a common practice for similar organizations?
While not unheard of, consistently reporting 0% officer compensation for over a decade is uncommon for most organizations, especially as they grow. It suggests a volunteer-led executive structure or that compensation is reported under other expense categories, though the latter is less likely given the consistent '0%'.
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 35.4%, moving from $46K to $63K. Total assets decreased by 26.3% over the same period, from $1.2M to $919K. Total functional expenses rose by 51.4%, from $74K to $112K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $62K in liabilities against $919K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $856K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $63K | $112K | $919K | $62K | — | — |
| 2023 | $60K | $102K | $951K | $46K | — | View 990 |
| 2022 | $63K | $90K | $985K | $39K | — | View 990 |
| 2021 | $92K | $89K | $1.0M | $38K | — | — |
| 2020 | $56K | $89K | $1.0M | $40K | — | View 990 |
| 2019 | $52K | $89K | $1.0M | $36K | — | View 990 |
| 2018 | $45K | $75K | $1.1M | $29K | — | View 990 |
| 2017 | $50K | $82K | $1.1M | $30K | — | View 990 |
| 2016 | $57K | $77K | $1.1M | $30K | — | View 990 |
| 2015 | $52K | $84K | $1.2M | $34K | — | View 990 |
| 2014 | $45K | $78K | $1.2M | $32K | — | View 990 |
| 2013 | $47K | $79K | $1.2M | $29K | — | View 990 |
| 2012 | $46K | $74K | $1.2M | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $63K, expenses of $112K, and assets of $919K (revenue +4.5% year-over-year).
- 2023: Revenue of $60K, expenses of $102K, and assets of $951K (revenue -3.9% year-over-year).
- 2022: Revenue of $63K, expenses of $90K, and assets of $985K (revenue -32.2% year-over-year).
- 2021: Revenue of $92K, expenses of $89K, and assets of $1.0M (revenue +65.0% year-over-year).
- 2020: Revenue of $56K, expenses of $89K, and assets of $1.0M (revenue +7.2% year-over-year).
- 2019: Revenue of $52K, expenses of $89K, and assets of $1.0M (revenue +17.3% year-over-year).
- 2018: Revenue of $45K, expenses of $75K, and assets of $1.1M (revenue -10.9% year-over-year).
- 2017: Revenue of $50K, expenses of $82K, and assets of $1.1M (revenue -12.0% year-over-year).
- 2016: Revenue of $57K, expenses of $77K, and assets of $1.1M (revenue +9.6% year-over-year).
- 2015: Revenue of $52K, expenses of $84K, and assets of $1.2M (revenue +15.8% year-over-year).
- 2014: Revenue of $45K, expenses of $78K, and assets of $1.2M (revenue -4.6% year-over-year).
- 2013: Revenue of $47K, expenses of $79K, and assets of $1.2M (revenue +1.1% year-over-year).
- 2012: Revenue of $46K, expenses of $74K, and assets of $1.2M.
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.