Volunteers Of America Inc
Volunteers Of America Inc consistently operates at a deficit, with declining assets and high liabilities.
EIN: 205833494 · Lanham, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $239K |
| Total Expenses | $317K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $-1,255,205 |
| Transparency Score | 45/100 |
Is Volunteers Of America Inc Legit?
Significant 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: 205833494) is a nonprofit organization based in Lanham, MD. The organization reported total revenue of $239K and total assets of $1.9M 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 (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $317K |
| Surplus / Deficit | $-57,645 |
| Total Assets | $2.0M |
| Total Liabilities | $3.3M |
| Net Assets | $-1,255,205 |
| Operating Margin | -22.2% |
| Debt-to-Asset Ratio | 162.4% |
| Months of Reserves | 76.1 months |
Financial Health Grade: C
In 2023, Volunteers Of America Inc reported a deficit of $58K with expenses exceeding revenue, holds 76.1 months of operating reserves (strong position), has a debt-to-asset ratio of 162.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Volunteers Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | +5.3% | -5.2% |
| 2022 | +7.3% | -0.9% | -4.6% |
| 2021 | -9.3% | -0.9% | -5.0% |
| 2020 | -0.7% | -2.3% | -4.3% |
| 2019 | +2.7% | +2.6% | -4.1% |
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 45 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 162.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual expenses exceeding $300,000. While this suggests no direct compensation to officers, it warrants further investigation to understand how leadership is compensated or if these roles are entirely voluntary.
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 operating deficits (expenses exceeding revenue in all reported years)
- Declining asset base over the past decade (from $3M to $2M)
- Liabilities consistently exceed assets, indicating a negative net asset position
- Unusually high liabilities relative to organizational size and revenue
- 0% officer compensation reported for an organization with significant expenses, which warrants further scrutiny
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Consistent filing of IRS Form 990s, indicating a commitment to regulatory compliance and transparency in reporting.
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Volunteers Of America Inc (EIN: 205833494) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $239K. 5 red flags identified. 1 strength noted. Financial health grade: C.
How does Volunteers Of America Inc spend its money?
Volunteers Of America Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets 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: 205833494). 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 $300,000. annually. The organization reported $239K 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 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Volunteers Of America Inc located?
Volunteers Of America Inc is headquartered in Lanham, Maryland and files with the IRS under EIN 205833494.
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 $239K in total revenue.
Is Volunteers Of America Inc financially sustainable given its consistent operating deficits?
The organization has consistently spent more than it earns, with expenses exceeding revenue by significant margins (e.g., $57,645 in 2023). This pattern, coupled with declining assets and high liabilities, raises serious concerns about its long-term financial sustainability.
Why are assets consistently declining while liabilities remain high?
Assets have decreased from over $3 million in 2014 to $2 million in 2023, while liabilities have remained above $3 million. This indicates that the organization is likely using its existing assets or incurring more debt to cover its operational shortfalls.
How does the organization cover its operating deficits?
The consistent gap between revenue and expenses suggests the organization is either drawing down its assets, increasing its liabilities, or receiving undisclosed funding sources not reflected in the reported revenue figures to cover its operational costs.
What is the nature of the 0% officer compensation reported?
Reporting 0% officer compensation for an organization with annual expenses over $300,000 is highly unusual. It could mean that officers are genuinely unpaid volunteers, compensated through other means not classified as 'officer compensation,' or that the reporting is incomplete.
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 grown by 18%, moving from $220K to $259K. Total assets decreased by 41.1% over the same period, from $3.4M to $2.0M. Total functional expenses fell by 1.6%, from $322K to $317K. In its most recent filing year (2023), Volunteers Of America Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $3.3M in liabilities against $2.0M in assets (debt-to-asset ratio: 162.4%), resulting in net assets of $-1,255,205.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $259K | $317K | $2.0M | $3.3M | — | View 990 |
| 2022 | $213K | $301K | $2.1M | $3.3M | — | View 990 |
| 2021 | $199K | $304K | $2.2M | $3.3M | — | — |
| 2020 | $219K | $306K | $2.3M | $3.3M | — | — |
| 2019 | $221K | $314K | $2.4M | $3.4M | — | — |
| 2018 | $215K | $306K | $2.6M | $3.4M | — | View 990 |
| 2017 | $209K | $301K | $2.7M | $3.4M | — | View 990 |
| 2016 | $199K | $288K | $2.8M | $3.4M | — | View 990 |
| 2015 | $188K | $299K | $2.9M | $3.5M | — | View 990 |
| 2014 | $197K | $299K | $3.0M | $3.5M | — | View 990 |
| 2013 | $193K | $302K | $3.2M | $3.5M | — | View 990 |
| 2012 | $211K | $302K | $3.3M | $3.5M | — | View 990 |
| 2011 | $220K | $322K | $3.4M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $259K, expenses of $317K, and assets of $2.0M (revenue +21.6% year-over-year).
- 2022: Revenue of $213K, expenses of $301K, and assets of $2.1M (revenue +7.3% year-over-year).
- 2021: Revenue of $199K, expenses of $304K, and assets of $2.2M (revenue -9.3% year-over-year).
- 2020: Revenue of $219K, expenses of $306K, and assets of $2.3M (revenue -0.7% year-over-year).
- 2019: Revenue of $221K, expenses of $314K, and assets of $2.4M (revenue +2.7% year-over-year).
- 2018: Revenue of $215K, expenses of $306K, and assets of $2.6M (revenue +3.0% year-over-year).
- 2017: Revenue of $209K, expenses of $301K, and assets of $2.7M (revenue +4.8% year-over-year).
- 2016: Revenue of $199K, expenses of $288K, and assets of $2.8M (revenue +5.6% year-over-year).
- 2015: Revenue of $188K, expenses of $299K, and assets of $2.9M (revenue -4.5% year-over-year).
- 2014: Revenue of $197K, expenses of $299K, and assets of $3.0M (revenue +2.2% year-over-year).
- 2013: Revenue of $193K, expenses of $302K, and assets of $3.2M (revenue -8.5% year-over-year).
- 2012: Revenue of $211K, expenses of $302K, and assets of $3.3M (revenue -4.0% year-over-year).
- 2011: Revenue of $220K, expenses of $322K, and assets of $3.4M.
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.