Volunteers Of America Inc
Volunteers Of America Inc consistently operates at a deficit, leading to declining assets.
EIN: 208025927 · Mobile, AL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $129K |
| Total Expenses | $158K |
| Program Spending | 70% |
| Net Assets | $1.3M |
| 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: 208025927) is a nonprofit organization based in Mobile, AL. The organization reported total revenue of $129K and total assets of $1.4M 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 4.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $158K |
| Surplus / Deficit | $-42,649 |
| Total Assets | $1.4M |
| Total Liabilities | $108K |
| Net Assets | $1.3M |
| Operating Margin | -36.9% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 106.1 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $43K with expenses exceeding revenue, holds 106.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.7% (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 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.6% | -5.0% | -2.3% |
| 2023 | +9.4% | +14.9% | -2.6% |
| 2022 | +1.7% | +12.3% | -2.7% |
| 2021 | +7.8% | +0.8% | -2.2% |
| 2020 | +11.6% | -1.0% | -2.2% |
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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a strong commitment to minimizing executive pay and directing resources elsewhere, which is commendable for an organization of its size with declining revenues.
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 across all reported years (e.g., $42,649 deficit in 2024).
- Declining asset base over the past decade, from $1.74M in 2015 to $1.40M in 2024.
- Expenses consistently exceed revenue, indicating an unsustainable financial model.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Reports 0% officer compensation across all filings, indicating a commitment to minimizing executive overhead.
- Maintains a significant asset base relative to its annual revenue, providing some financial cushion despite deficits.
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Volunteers Of America Inc (EIN: 208025927) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $129K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
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: 208025927). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
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 Mobile, Alabama and files with the IRS under EIN 208025927.
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 $129K in total revenue.
How does Volunteers Of America Inc plan to address its persistent operating deficits?
The provided data shows consistent deficits (e.g., $115,475 revenue vs. $158,124 expenses in 2024), indicating a need for a clear strategy to increase revenue or reduce expenses to achieve financial sustainability.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses, making it difficult to assess the efficiency of spending across different categories. Further investigation into the full IRS 990 forms would be necessary.
What is the organization's strategy for reversing the trend of declining assets?
Assets have decreased from $1,736,940 in 2015 to $1,398,209 in 2024. A strategy to grow or at least stabilize the asset base is crucial for long-term financial health.
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 61.3%, moving from $72K to $115K. Total assets decreased by 24.2% over the same period, from $1.8M to $1.4M. Total functional expenses rose by 41.4%, from $112K to $158K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $108K in liabilities against $1.4M in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $115K | $158K | $1.4M | $108K | — | — |
| 2023 | $103K | $166K | $1.4M | $99K | — | View 990 |
| 2022 | $95K | $145K | $1.5M | $73K | — | View 990 |
| 2021 | $93K | $129K | $1.5M | $64K | — | View 990 |
| 2020 | $86K | $128K | $1.5M | $63K | — | View 990 |
| 2019 | $77K | $129K | $1.6M | $55K | — | View 990 |
| 2018 | $82K | $132K | $1.6M | $40K | — | View 990 |
| 2017 | $78K | $124K | $1.7M | $27K | — | View 990 |
| 2016 | $75K | $121K | $1.7M | $22K | — | View 990 |
| 2015 | $75K | $109K | $1.7M | $20K | — | View 990 |
| 2014 | $77K | $110K | $1.8M | $22K | — | View 990 |
| 2013 | $76K | $117K | $1.8M | $22K | — | View 990 |
| 2012 | $72K | $112K | $1.8M | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $115K, expenses of $158K, and assets of $1.4M (revenue +11.6% year-over-year).
- 2023: Revenue of $103K, expenses of $166K, and assets of $1.4M (revenue +9.4% year-over-year).
- 2022: Revenue of $95K, expenses of $145K, and assets of $1.5M (revenue +1.7% year-over-year).
- 2021: Revenue of $93K, expenses of $129K, and assets of $1.5M (revenue +7.8% year-over-year).
- 2020: Revenue of $86K, expenses of $128K, and assets of $1.5M (revenue +11.6% year-over-year).
- 2019: Revenue of $77K, expenses of $129K, and assets of $1.6M (revenue -6.0% year-over-year).
- 2018: Revenue of $82K, expenses of $132K, and assets of $1.6M (revenue +5.5% year-over-year).
- 2017: Revenue of $78K, expenses of $124K, and assets of $1.7M (revenue +4.0% year-over-year).
- 2016: Revenue of $75K, expenses of $121K, and assets of $1.7M (revenue -0.5% year-over-year).
- 2015: Revenue of $75K, expenses of $109K, and assets of $1.7M (revenue -1.9% year-over-year).
- 2014: Revenue of $77K, expenses of $110K, and assets of $1.8M (revenue +1.2% year-over-year).
- 2013: Revenue of $76K, expenses of $117K, and assets of $1.8M (revenue +5.9% year-over-year).
- 2012: Revenue of $72K, expenses of $112K, and assets of $1.8M.
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.