Volunteers Of America Inc
Volunteers Of America Inc consistently operates at a deficit while maintaining substantial assets and reporting no officer compensation.
EIN: 202471130 · Alexandria, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $238K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.4 |
| Net Assets | $1.4M |
| Transparency Score | 75/100 |
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: 202471130) is a nonprofit organization based in Alexandria, VA. The organization reported total revenue of $217K and total assets of $1.5M 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 5.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $238K |
| Surplus / Deficit | $-18,319 |
| Total Assets | $1.5M |
| Total Liabilities | $59K |
| Net Assets | $1.4M |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 75.4 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $18K with expenses exceeding revenue, holds 75.4 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (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 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -3.7% | +3.5% | -2.0% |
| 2023 | +1.8% | -2.1% | -0.8% |
| 2022 | +8.2% | -11.0% | -2.4% |
| 2021 | +4.4% | +11.0% | -3.1% |
| 2020 | +15.0% | +2.9% | -1.6% |
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 75 out of 100 (Good). 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with assets exceeding $1.4 million.
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, with expenses exceeding revenue in every reported period (e.g., $237,803 expenses vs. $219,484 revenue in 202406).
- Unusually low or zero reported officer compensation for an organization of this asset size, which could indicate compensation is reported differently or officers are truly unpaid volunteers.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Strong asset base, consistently over $1.4 million, providing financial stability.
- Excellent transparency regarding executive compensation, reporting 0% officer compensation across all filings.
- Low liabilities relative to assets, indicating good financial management of debt (e.g., $59,073 liabilities vs. $1,495,051 assets in 202406).
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Volunteers Of America Inc (EIN: 202471130) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $217K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Volunteers Of America Inc spend its money?
Volunteers Of America Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Volunteers Of America Inc tax-deductible?
Volunteers Of America Inc is registered as a tax-exempt nonprofit (EIN: 202471130). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Volunteers Of America Inc CEO make?
Volunteers Of America Inc's highest-compensated officer earns $1.4 annually. The organization reported $217K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Volunteers Of America Inc's spending goes to programs?
Volunteers Of America Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Volunteers Of America Inc located?
Volunteers Of America Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 202471130.
How many years of IRS 990 filings does Volunteers Of America Inc have?
Volunteers Of America Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $217K in total revenue.
How does Volunteers Of America Inc cover its consistent annual deficits?
The organization consistently reports expenses exceeding revenue (e.g., $237,803 expenses vs. $219,484 revenue in 202406). This suggests they are either drawing from their substantial assets, utilizing prior year surpluses, or receiving non-revenue contributions not fully captured in the 'Revenue' line item.
What is the nature of the organization's programs given its NTEE code is unknown?
Without a specified NTEE code, it's difficult to precisely determine the programmatic focus. However, the name 'Volunteers Of America Inc' typically suggests a broad range of social services, housing, and community support programs.
Why has the organization's asset base slightly declined over the past decade?
Assets have decreased from $1,835,202 in 2015 to $1,495,051 in 2024. This decline could be attributed to the consistent operational deficits, where the organization may be liquidating assets or drawing from endowments to cover expenses.
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 79.5%, moving from $122K to $219K. Total assets decreased by 24.7% over the same period, from $2.0M to $1.5M. Total functional expenses rose by 34.8%, from $176K to $238K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $59K in liabilities against $1.5M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $219K | $238K | $1.5M | $59K | — | — |
| 2023 | $228K | $230K | $1.5M | $72K | — | View 990 |
| 2022 | $224K | $235K | $1.5M | $82K | — | View 990 |
| 2021 | $207K | $264K | $1.6M | $109K | — | View 990 |
| 2020 | $198K | $237K | $1.6M | $103K | — | View 990 |
| 2019 | $172K | $231K | $1.7M | $92K | — | View 990 |
| 2018 | $166K | $226K | $1.7M | $72K | — | — |
| 2017 | $157K | $206K | $1.7M | $59K | — | View 990 |
| 2016 | $151K | $208K | $1.8M | $61K | — | View 990 |
| 2015 | $150K | $198K | $1.8M | $49K | — | View 990 |
| 2014 | $136K | $186K | $1.9M | $51K | — | View 990 |
| 2013 | $131K | $177K | $1.9M | $52K | — | View 990 |
| 2012 | $122K | $176K | $2.0M | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $219K, expenses of $238K, and assets of $1.5M (revenue -3.7% year-over-year).
- 2023: Revenue of $228K, expenses of $230K, and assets of $1.5M (revenue +1.8% year-over-year).
- 2022: Revenue of $224K, expenses of $235K, and assets of $1.5M (revenue +8.2% year-over-year).
- 2021: Revenue of $207K, expenses of $264K, and assets of $1.6M (revenue +4.4% year-over-year).
- 2020: Revenue of $198K, expenses of $237K, and assets of $1.6M (revenue +15.0% year-over-year).
- 2019: Revenue of $172K, expenses of $231K, and assets of $1.7M (revenue +3.8% year-over-year).
- 2018: Revenue of $166K, expenses of $226K, and assets of $1.7M (revenue +5.9% year-over-year).
- 2017: Revenue of $157K, expenses of $206K, and assets of $1.7M (revenue +3.7% year-over-year).
- 2016: Revenue of $151K, expenses of $208K, and assets of $1.8M (revenue +1.1% year-over-year).
- 2015: Revenue of $150K, expenses of $198K, and assets of $1.8M (revenue +10.1% year-over-year).
- 2014: Revenue of $136K, expenses of $186K, and assets of $1.9M (revenue +3.8% year-over-year).
- 2013: Revenue of $131K, expenses of $177K, and assets of $1.9M (revenue +7.0% year-over-year).
- 2012: Revenue of $122K, expenses of $176K, and assets of $2.0M.
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.