Volunteers Of America Inc
Volunteers Of America Inc consistently operates at a deficit, drawing down assets while maintaining stable liabilities.
EIN: 208168180 · Alexandria, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $328K |
| Total Expenses | $515K |
| Program Spending | 70% |
| Net Assets | $3.4M |
| Transparency Score | 65/100 |
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 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: 208168180) is a nonprofit organization based in Alexandria, VA. The organization reported total revenue of $328K and total assets of $4.5M 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 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 21.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $349K |
| Total Expenses | $515K |
| Surplus / Deficit | $-165,286 |
| Total Assets | $4.6M |
| Total Liabilities | $1.2M |
| Net Assets | $3.4M |
| Operating Margin | -47.3% |
| Debt-to-Asset Ratio | 26.3% |
| Months of Reserves | 107.4 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $165K with expenses exceeding revenue, holds 107.4 months of operating reserves (strong position), has a debt-to-asset ratio of 26.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2013–2024), Volunteers Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.5% | +1.6% | -1.6% |
| 2023 | -3.4% | +9.4% | -2.5% |
| 2022 | +4.2% | +2.7% | -2.3% |
| 2021 | +8.0% | +3.8% | -2.8% |
| 2020 | +4.1% | +0.4% | -2.7% |
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 65 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: 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 $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.3%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings suggests that executive leadership may be entirely volunteer-based or compensated through a different entity, which, if true, indicates a highly efficient use of funds at the executive level relative to the organization's size and revenue.
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 regularly exceeding revenue (e.g., $514,742 expenses vs. $349,456 revenue in 202406).
- Declining asset base over the past decade, from $5,853,469 in 2015 to $4,607,339 in 2024, indicating reliance on reserves.
- Lack of clarity regarding executive compensation, despite 0% reported, which could be a transparency concern if compensation is paid by an affiliated entity.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Consistent IRS 990 filing history over 12 periods, demonstrating commitment to transparency and compliance.
- Stable liabilities despite operational deficits, indicating controlled debt management.
- Potential for high program efficiency if officer compensation is genuinely 0% and leadership is volunteer-based.
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Volunteers Of America Inc (EIN: 208168180) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $328K. 3 red flags identified. 3 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: 208168180). 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 Alexandria, Virginia and files with the IRS under EIN 208168180.
How many years of IRS 990 filings does Volunteers Of America Inc have?
Volunteers Of America Inc has 12 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 $328K in total revenue.
Is Volunteers Of America Inc financially sustainable given its consistent operational deficits?
The organization consistently spends more than it earns, as seen in the 202406 period where expenses ($514,742) significantly exceeded revenue ($349,456). This trend suggests a reliance on drawing down assets, which have decreased from $5,853,469 in 2015 to $4,607,339 in 2024, raising questions about long-term financial sustainability without a change in funding or spending strategy.
How does Volunteers Of America Inc cover its operational deficits?
The consistent operational deficits, such as the $165,286 gap in 202406, are likely covered by drawing down on the organization's assets, which have shown a steady decline over the past decade. This indicates that the organization is using its reserves to fund ongoing operations.
What is the reason for 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation could mean that the organization's leadership is entirely volunteer, or that executive compensation is managed and reported at a different level within the broader Volunteers of America national structure, if this entity is a local chapter or affiliate. Further investigation would be needed to clarify this.
What is the trend in the organization's asset base?
The organization's assets have shown a consistent downward trend, decreasing from $5,853,469 in 2015 to $4,607,339 in 2024. This decline aligns with the observed operational deficits, suggesting assets are being utilized to cover expenses.
Filing History
IRS 990 filing history for Volunteers Of America Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Volunteers Of America Inc's revenue has grown by 721.3%, moving from $43K to $349K. Total assets decreased by 26.1% over the same period, from $6.2M to $4.6M. Total functional expenses rose by 313.1%, from $125K to $515K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $165K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $4.6M in assets (debt-to-asset ratio: 26.3%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $349K | $515K | $4.6M | $1.2M | — | — |
| 2023 | $334K | $507K | $4.7M | $1.1M | — | View 990 |
| 2022 | $346K | $463K | $4.8M | $1.1M | — | View 990 |
| 2021 | $332K | $451K | $4.9M | $1.1M | — | View 990 |
| 2020 | $308K | $434K | $5.1M | $1.1M | — | View 990 |
| 2019 | $295K | $433K | $5.2M | $1.1M | — | View 990 |
| 2018 | $235K | $389K | $5.4M | $1.1M | — | — |
| 2017 | $233K | $371K | $5.5M | $1.1M | — | View 990 |
| 2016 | $195K | $389K | $5.7M | $1.1M | — | View 990 |
| 2015 | $208K | $536K | $5.9M | $1.2M | — | View 990 |
| 2014 | $212K | $390K | $6.1M | $1.0M | — | View 990 |
| 2013 | $43K | $125K | $6.2M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $349K, expenses of $515K, and assets of $4.6M (revenue +4.5% year-over-year).
- 2023: Revenue of $334K, expenses of $507K, and assets of $4.7M (revenue -3.4% year-over-year).
- 2022: Revenue of $346K, expenses of $463K, and assets of $4.8M (revenue +4.2% year-over-year).
- 2021: Revenue of $332K, expenses of $451K, and assets of $4.9M (revenue +8.0% year-over-year).
- 2020: Revenue of $308K, expenses of $434K, and assets of $5.1M (revenue +4.1% year-over-year).
- 2019: Revenue of $295K, expenses of $433K, and assets of $5.2M (revenue +25.6% year-over-year).
- 2018: Revenue of $235K, expenses of $389K, and assets of $5.4M (revenue +1.1% year-over-year).
- 2017: Revenue of $233K, expenses of $371K, and assets of $5.5M (revenue +19.3% year-over-year).
- 2016: Revenue of $195K, expenses of $389K, and assets of $5.7M (revenue -6.3% year-over-year).
- 2015: Revenue of $208K, expenses of $536K, and assets of $5.9M (revenue -1.9% year-over-year).
- 2014: Revenue of $212K, expenses of $390K, and assets of $6.1M (revenue +398.6% year-over-year).
- 2013: Revenue of $43K, expenses of $125K, and assets of $6.2M.
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.