Volunteers Of America Inc
Volunteers Of America Inc consistently operates at a deficit, drawing down assets over the past decade.
EIN: 201659256 · 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 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: 201659256) is a nonprofit organization based in Mobile, AL. The organization reported total revenue of $71K and total assets of $779K 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 0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $91K |
| Surplus / Deficit | $-23,003 |
| Total Assets | $806K |
| Total Liabilities | $26K |
| Net Assets | $780K |
| Operating Margin | -33.8% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 106.1 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $23K with expenses exceeding revenue, holds 106.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (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 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.3% | +1.6% | -2.8% |
| 2023 | +4.0% | -4.2% | -2.9% |
| 2022 | +5.9% | -8.5% | -2.9% |
| 2021 | +6.3% | +14.3% | -2.7% |
| 2020 | +1.0% | +4.5% | -3.1% |
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 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: 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 $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are receiving compensation, which is a positive for minimizing administrative overhead relative to the organization's size and revenue.
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 operational deficits (expenses exceeding revenue in all reported periods)
- Declining asset base over the past decade (from $1,053,293 in 2015 to $805,996 in 2024)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data to assess efficiency
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- No officer compensation reported across all filings (0% officer comp)
- Long history of IRS 990 filings (13 filings provided), indicating transparency in reporting
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: 201659256) some concerns. Mission Score: 55/100. 3 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: 201659256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Volunteers Of America Inc a good charity?
While the organization has a long history of filings and reports no officer compensation, its consistent operational deficits and declining assets raise concerns about its long-term financial sustainability. A 'good' charity typically operates sustainably and efficiently, which is not fully evident here without more detailed expense breakdowns.
How does Volunteers Of America Inc cover its consistent deficits?
The consistent deficits, where expenses exceed revenue (e.g., $68,122 revenue vs. $91,125 expenses in 2024), appear to be covered by drawing down the organization's assets, which have decreased from $1,053,293 in 2015 to $805,996 in 2024.
What is the trend in the organization's financial health?
The organization's financial health shows a concerning trend of consistent operational deficits and a steady decline in total assets over the past decade, indicating a need for improved financial management or increased revenue generation.
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 9.7%, moving from $62K to $68K. Total assets decreased by 28.3% over the same period, from $1.1M to $806K. Total functional expenses rose by 16.7%, from $78K to $91K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $26K in liabilities against $806K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $780K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $68K | $91K | $806K | $26K | — | — |
| 2023 | $68K | $90K | $830K | $27K | — | View 990 |
| 2022 | $66K | $94K | $855K | $31K | — | View 990 |
| 2021 | $62K | $102K | $880K | $29K | — | — |
| 2020 | $58K | $90K | $905K | $12K | — | View 990 |
| 2019 | $58K | $86K | $933K | $10K | — | View 990 |
| 2018 | $58K | $84K | $960K | $8K | — | View 990 |
| 2017 | $58K | $80K | $986K | $8K | — | View 990 |
| 2016 | $67K | $98K | $1.0M | $10K | — | View 990 |
| 2015 | $55K | $93K | $1.1M | $21K | — | View 990 |
| 2014 | $56K | $78K | $1.1M | $8K | — | View 990 |
| 2013 | $56K | $81K | $1.1M | $7K | — | View 990 |
| 2012 | $62K | $78K | $1.1M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $68K, expenses of $91K, and assets of $806K (revenue -0.3% year-over-year).
- 2023: Revenue of $68K, expenses of $90K, and assets of $830K (revenue +4.0% year-over-year).
- 2022: Revenue of $66K, expenses of $94K, and assets of $855K (revenue +5.9% year-over-year).
- 2021: Revenue of $62K, expenses of $102K, and assets of $880K (revenue +6.3% year-over-year).
- 2020: Revenue of $58K, expenses of $90K, and assets of $905K (revenue +1.0% year-over-year).
- 2019: Revenue of $58K, expenses of $86K, and assets of $933K (revenue +0.2% year-over-year).
- 2018: Revenue of $58K, expenses of $84K, and assets of $960K (revenue +-0.0% year-over-year).
- 2017: Revenue of $58K, expenses of $80K, and assets of $986K (revenue -13.5% year-over-year).
- 2016: Revenue of $67K, expenses of $98K, and assets of $1.0M (revenue +20.4% year-over-year).
- 2015: Revenue of $55K, expenses of $93K, and assets of $1.1M (revenue -1.0% year-over-year).
- 2014: Revenue of $56K, expenses of $78K, and assets of $1.1M (revenue -0.3% year-over-year).
- 2013: Revenue of $56K, expenses of $81K, and assets of $1.1M (revenue -9.7% year-over-year).
- 2012: Revenue of $62K, expenses of $78K, and assets of $1.1M.
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.