Volunteers Of America Inc
Volunteers Of America Inc consistently operates at a deficit, with expenses exceeding revenue in recent years.
EIN: 202721582 · 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: 202721582) is a nonprofit organization based in Mobile, AL. The organization reported total revenue of $122K and total assets of $880K 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 7.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $173K |
| Surplus / Deficit | $-57,382 |
| Total Assets | $854K |
| Total Liabilities | $203K |
| Net Assets | $651K |
| Operating Margin | -49.5% |
| Debt-to-Asset Ratio | 23.7% |
| Months of Reserves | 59.1 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $57K with expenses exceeding revenue, holds 59.1 months of operating reserves (strong position), has a debt-to-asset ratio of 23.7% (moderate 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 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.8% | +13.5% | -1.3% |
| 2023 | +10.9% | +0.9% | -1.1% |
| 2022 | -6.0% | +26.6% | -3.5% |
| 2021 | +4.0% | -6.5% | -3.1% |
| 2020 | +9.3% | -8.8% | -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 60 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: 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 $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either a volunteer-led executive team or that compensation is categorized differently, which enhances transparency regarding direct officer salaries.
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 frequently exceeding revenue (e.g., $173,358 expenses vs. $115,976 revenue in 202406).
- Declining asset base over time, from over $1 million in 2017 to $854,105 in 2024.
- Increasing liabilities, reaching $202,700 in 2024, while assets are decreasing.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- High transparency regarding executive compensation, consistently reported as 0%.
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: 202721582) some concerns. Mission Score: 60/100. 3 red flags identified, 1 strength 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: 202721582). 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 given its consistent operational deficits?
The organization has consistently reported expenses exceeding revenue, such as $173,358 in expenses against $115,976 in revenue in 202406. This trend, coupled with declining assets and increasing liabilities, raises concerns about long-term financial sustainability.
How does Volunteers Of America Inc cover its operational deficits?
With expenses consistently higher than revenue (e.g., $173,358 expenses vs. $115,976 revenue in 202406), the organization likely covers these deficits by drawing down on its assets, which have decreased from over $1 million in 2017 to $854,105 in 2024, or through other undisclosed funding sources.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess spending efficiency beyond the overall operational deficit.
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 143.3%, moving from $48K to $116K. Total assets decreased by 24.5% over the same period, from $1.1M to $854K. Total functional expenses rose by 73.2%, from $100K to $173K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $57K, with expenses exceeding revenue. The organization holds $203K in liabilities against $854K in assets (debt-to-asset ratio: 23.7%), resulting in net assets of $651K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $116K | $173K | $854K | $203K | — | — |
| 2023 | $114K | $153K | $865K | $157K | — | View 990 |
| 2022 | $103K | $151K | $875K | $127K | — | View 990 |
| 2021 | $109K | $120K | $906K | $110K | — | View 990 |
| 2020 | $105K | $128K | $935K | $129K | — | View 990 |
| 2019 | $96K | $140K | $950K | $121K | — | View 990 |
| 2018 | $89K | $130K | $983K | $109K | — | View 990 |
| 2017 | $93K | $112K | $1.0M | $92K | — | View 990 |
| 2016 | $79K | $103K | $1.0M | $92K | — | View 990 |
| 2015 | $78K | $103K | $1.1M | $93K | — | View 990 |
| 2014 | $72K | $100K | $1.1M | $91K | — | View 990 |
| 2013 | $84K | $105K | $1.1M | $96K | — | View 990 |
| 2012 | $48K | $100K | $1.1M | $99K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $116K, expenses of $173K, and assets of $854K (revenue +1.8% year-over-year).
- 2023: Revenue of $114K, expenses of $153K, and assets of $865K (revenue +10.9% year-over-year).
- 2022: Revenue of $103K, expenses of $151K, and assets of $875K (revenue -6.0% year-over-year).
- 2021: Revenue of $109K, expenses of $120K, and assets of $906K (revenue +4.0% year-over-year).
- 2020: Revenue of $105K, expenses of $128K, and assets of $935K (revenue +9.3% year-over-year).
- 2019: Revenue of $96K, expenses of $140K, and assets of $950K (revenue +8.5% year-over-year).
- 2018: Revenue of $89K, expenses of $130K, and assets of $983K (revenue -4.4% year-over-year).
- 2017: Revenue of $93K, expenses of $112K, and assets of $1.0M (revenue +17.8% year-over-year).
- 2016: Revenue of $79K, expenses of $103K, and assets of $1.0M (revenue +0.7% year-over-year).
- 2015: Revenue of $78K, expenses of $103K, and assets of $1.1M (revenue +7.8% year-over-year).
- 2014: Revenue of $72K, expenses of $100K, and assets of $1.1M (revenue -14.0% year-over-year).
- 2013: Revenue of $84K, expenses of $105K, and assets of $1.1M (revenue +76.7% year-over-year).
- 2012: Revenue of $48K, expenses of $100K, 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.