Volunteers Of America Inc
Volunteers Of America Inc consistently operates at a deficit, drawing down assets while maintaining stable liabilities and reporting no officer compensation.
EIN: 208168365 · Alexandria, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $376K |
| Total Expenses | $423K |
| Program Spending | 75% |
| Net Assets | $2.8M |
| 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 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: 208168365) is a nonprofit organization based in Alexandria, VA. The organization reported total revenue of $376K and total assets of $3.4M 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 5.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $337K |
| Total Expenses | $423K |
| Surplus / Deficit | $-85,432 |
| Total Assets | $3.4M |
| Total Liabilities | $631K |
| Net Assets | $2.8M |
| Operating Margin | -25.3% |
| Debt-to-Asset Ratio | 18.4% |
| Months of Reserves | 97.3 months |
Financial Health Grade: B
In 2024, Volunteers Of America Inc reported a deficit of $85K with expenses exceeding revenue, holds 97.3 months of operating reserves (strong position), has a debt-to-asset ratio of 18.4% (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 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.2% | +4.4% | -1.6% |
| 2023 | +0.6% | +3.1% | -2.7% |
| 2022 | +6.6% | -2.8% | -2.2% |
| 2021 | +0.1% | +4.8% | -3.1% |
| 2020 | +0.1% | +0.8% | -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 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: 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 $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and suggests either a fully volunteer-led executive team or compensation structured in a way that is not reported as officer compensation on the 990.
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 (expenses exceeding revenue in all reported periods, e.g., 202406: Expenses $422,917 vs. Revenue $337,485).
- Declining asset base over time (from $4,282,276 in 201506 to $3,429,722 in 202406), indicating reliance on reserves to cover deficits.
- Unusually low (0%) reported officer compensation, which may obscure the true cost of executive leadership or indicate an unsustainable volunteer model for an organization of this scale.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Stable liabilities over the past decade, suggesting effective debt management despite operational deficits.
- Consistent filing of IRS 990 forms, indicating a commitment to regulatory transparency.
- Potential for high program efficiency if the 0% officer compensation truly reflects volunteer executive leadership, allowing more funds for direct services.
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Volunteers Of America Inc (EIN: 208168365) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $376K. 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 75% of its spending to programs and services. Fundraising costs 10%. This exceeds 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: 208168365). 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 75% to programs, 10% to fundraising. This exceeds 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 208168365.
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 $376K in total revenue.
Is Volunteers Of America Inc a good charity?
The organization's consistent operational deficits and declining assets raise concerns about long-term financial sustainability. However, the stable liabilities and reported 0% officer compensation are positive indicators of financial management and transparency in specific areas. A deeper understanding of their program effectiveness and funding sources beyond annual revenue is needed to fully assess their 'goodness'.
How does Volunteers Of America Inc cover its consistent operational deficits?
The organization appears to be covering its operational deficits by drawing down its assets, which have decreased from $4,282,276 in 201506 to $3,429,722 in 202406. This trend is not sustainable in the long term without new significant funding sources or a reduction in expenses.
What is the nature of the 0% officer compensation reported?
The consistent reporting of 0% officer compensation is unusual. It could mean that executive leadership is entirely volunteer-based, or that compensation is structured differently (e.g., through a related entity, or as non-officer salaries) and not reported in the 'officer compensation' section of the 990. Further investigation into their compensation practices would be beneficial for full transparency.
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 80.1%, moving from $187K to $337K. Total assets decreased by 24.8% over the same period, from $4.6M to $3.4M. Total functional expenses rose by 48.7%, from $284K to $423K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $85K, with expenses exceeding revenue. The organization holds $631K in liabilities against $3.4M in assets (debt-to-asset ratio: 18.4%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $337K | $423K | $3.4M | $631K | — | — |
| 2023 | $315K | $405K | $3.5M | $599K | — | — |
| 2022 | $313K | $393K | $3.6M | $607K | — | View 990 |
| 2021 | $293K | $404K | $3.7M | $607K | — | View 990 |
| 2020 | $293K | $386K | $3.8M | $614K | — | View 990 |
| 2019 | $293K | $383K | $3.9M | $606K | — | View 990 |
| 2018 | $276K | $408K | $4.0M | $611K | — | View 990 |
| 2017 | $279K | $370K | $4.1M | $599K | — | View 990 |
| 2016 | $255K | $365K | $4.2M | $595K | — | View 990 |
| 2015 | $246K | $314K | $4.3M | $599K | — | View 990 |
| 2014 | $197K | $307K | $4.3M | $589K | — | View 990 |
| 2013 | $193K | $301K | $4.5M | $590K | — | View 990 |
| 2012 | $187K | $284K | $4.6M | $589K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $337K, expenses of $423K, and assets of $3.4M (revenue +7.2% year-over-year).
- 2023: Revenue of $315K, expenses of $405K, and assets of $3.5M (revenue +0.6% year-over-year).
- 2022: Revenue of $313K, expenses of $393K, and assets of $3.6M (revenue +6.6% year-over-year).
- 2021: Revenue of $293K, expenses of $404K, and assets of $3.7M (revenue +0.1% year-over-year).
- 2020: Revenue of $293K, expenses of $386K, and assets of $3.8M (revenue +0.1% year-over-year).
- 2019: Revenue of $293K, expenses of $383K, and assets of $3.9M (revenue +6.1% year-over-year).
- 2018: Revenue of $276K, expenses of $408K, and assets of $4.0M (revenue -1.0% year-over-year).
- 2017: Revenue of $279K, expenses of $370K, and assets of $4.1M (revenue +9.4% year-over-year).
- 2016: Revenue of $255K, expenses of $365K, and assets of $4.2M (revenue +3.5% year-over-year).
- 2015: Revenue of $246K, expenses of $314K, and assets of $4.3M (revenue +24.6% year-over-year).
- 2014: Revenue of $197K, expenses of $307K, and assets of $4.3M (revenue +2.2% year-over-year).
- 2013: Revenue of $193K, expenses of $301K, and assets of $4.5M (revenue +3.1% year-over-year).
- 2012: Revenue of $187K, expenses of $284K, and assets of $4.6M.
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.