Volunteers Of America Inc
Volunteers Of America Inc (Mobile, AL) consistently operates at a deficit, with assets declining over the past decade.
EIN: 208025998 · Mobile, AL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $175K |
| Program Spending | 70% |
| Net Assets | $1.9M |
| 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: 208025998) is a nonprofit organization based in Mobile, AL. The organization reported total revenue of $136K 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 (2012–2024). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $175K |
| Surplus / Deficit | $-67,272 |
| Total Assets | $2.0M |
| Total Liabilities | $68K |
| Net Assets | $1.9M |
| Operating Margin | -62.4% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 134.7 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $67K with expenses exceeding revenue, holds 134.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (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 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.7% | +2.0% | -2.7% |
| 2023 | +10.0% | +11.4% | -2.3% |
| 2022 | +5.1% | -8.7% | -2.2% |
| 2021 | -1.9% | +20.4% | -3.1% |
| 2020 | +0.3% | -5.2% | -2.9% |
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 $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, suggesting either a fully volunteer executive leadership or that executive compensation is managed and reported by a larger parent organization, which limits direct insight into this specific entity's executive pay practices.
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 across all reported periods (e.g., $67,272 deficit in 202406).
- Steady decline in total assets over the past decade (from $2.5M in 201506 to $1.9M in 202406).
- Expenses consistently higher than revenue, indicating an unsustainable financial model.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- No reported officer compensation, suggesting low overhead in executive pay for this specific entity.
- Relatively low liabilities compared to assets, indicating limited debt burden.
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Volunteers Of America Inc (EIN: 208025998) 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: $136K. 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: 208025998). 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 208025998.
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 $136K in total revenue.
Why does Volunteers Of America Inc consistently operate at a deficit?
The organization has reported expenses exceeding revenue in every filing from 201506 to 202406, with the latest deficit being $67,272 (202406). This consistent trend suggests a structural imbalance between its income and expenditures.
What is the long-term impact of declining assets?
Assets have decreased from $2,504,447 in 201506 to $1,965,567 in 202406. This continuous decline, coupled with operational deficits, indicates the organization is using its reserves to cover costs, which is unsustainable in the long run and could jeopardize future operations.
Is the lack of officer compensation a positive or negative indicator?
While zero officer compensation can indicate high efficiency and dedication, it also means less transparency regarding how leadership is compensated, especially if it's handled by a parent organization. For this specific entity, it means no direct compensation costs are burdening its budget.
How does the organization plan to address its financial sustainability?
The provided data does not detail specific plans, but the consistent deficits and asset depletion highlight an urgent need for strategies to increase revenue or significantly reduce expenses to achieve financial stability.
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 21.7%, moving from $89K to $108K. Total assets decreased by 27% over the same period, from $2.7M to $2.0M. Total functional expenses rose by 16.4%, from $150K to $175K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $67K, with expenses exceeding revenue. The organization holds $68K in liabilities against $2.0M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $108K | $175K | $2.0M | $68K | — | — |
| 2023 | $104K | $172K | $2.0M | $55K | — | View 990 |
| 2022 | $94K | $154K | $2.1M | $36K | — | View 990 |
| 2021 | $90K | $169K | $2.1M | $24K | — | View 990 |
| 2020 | $92K | $140K | $2.2M | $12K | — | View 990 |
| 2019 | $91K | $148K | $2.2M | $29K | — | View 990 |
| 2018 | $91K | $140K | $2.3M | $28K | — | View 990 |
| 2017 | $91K | $151K | $2.4M | $40K | — | View 990 |
| 2016 | $92K | $169K | $2.4M | $51K | — | View 990 |
| 2015 | $89K | $157K | $2.5M | $41K | — | View 990 |
| 2014 | $88K | $151K | $2.6M | $21K | — | View 990 |
| 2013 | $83K | $151K | $2.6M | $18K | — | View 990 |
| 2012 | $89K | $150K | $2.7M | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $108K, expenses of $175K, and assets of $2.0M (revenue +3.7% year-over-year).
- 2023: Revenue of $104K, expenses of $172K, and assets of $2.0M (revenue +10.0% year-over-year).
- 2022: Revenue of $94K, expenses of $154K, and assets of $2.1M (revenue +5.1% year-over-year).
- 2021: Revenue of $90K, expenses of $169K, and assets of $2.1M (revenue -1.9% year-over-year).
- 2020: Revenue of $92K, expenses of $140K, and assets of $2.2M (revenue +0.3% year-over-year).
- 2019: Revenue of $91K, expenses of $148K, and assets of $2.2M (revenue +0.9% year-over-year).
- 2018: Revenue of $91K, expenses of $140K, and assets of $2.3M (revenue -0.2% year-over-year).
- 2017: Revenue of $91K, expenses of $151K, and assets of $2.4M (revenue -0.9% year-over-year).
- 2016: Revenue of $92K, expenses of $169K, and assets of $2.4M (revenue +2.4% year-over-year).
- 2015: Revenue of $89K, expenses of $157K, and assets of $2.5M (revenue +1.6% year-over-year).
- 2014: Revenue of $88K, expenses of $151K, and assets of $2.6M (revenue +5.6% year-over-year).
- 2013: Revenue of $83K, expenses of $151K, and assets of $2.6M (revenue -5.8% year-over-year).
- 2012: Revenue of $89K, expenses of $150K, and assets of $2.7M.
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.