Volunteers Or America Inc
Volunteers Of America Inc consistently operates at a deficit, drawing down assets despite zero officer compensation.
EIN: 208471050 · Tulsa, OK · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $275K |
| Total Expenses | $394K |
| Program Spending | 80% |
| Net Assets | $2.7M |
| Transparency Score | 70/100 |
Is Volunteers Or 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 Or America Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Volunteers Or America Inc
Volunteers Or America Inc (EIN: 208471050) is a nonprofit organization based in Tulsa, OK. The organization reported total revenue of $275K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteers Or America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteers Or 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 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $394K |
| Surplus / Deficit | $-140,838 |
| Total Assets | $3.0M |
| Total Liabilities | $362K |
| Net Assets | $2.7M |
| Operating Margin | -55.7% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 92.6 months |
Financial Health Grade: B
In 2024, Volunteers Or America Inc reported a deficit of $141K with expenses exceeding revenue, holds 92.6 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Volunteers Or America Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.8% | +8.7% | -4.0% |
| 2023 | +4.1% | +9.1% | -3.2% |
| 2022 | +2.2% | -0.3% | -3.4% |
| 2021 | +9.1% | +17.4% | -2.6% |
| 2020 | +4.6% | +3.0% | +17.1% |
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 Or America Inc with a Mission Score of 70 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: 80%
- fundraising: 5%
According to IRS 990 filings, Volunteers Or America Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $141K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a positive sign for a nonprofit of its size, suggesting resources are not being diverted to high executive salaries.
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 Or America Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceed revenue in all reported periods)
- Declining asset base over recent years (e.g., from $3.47M in 2020 to $3.03M in 2024)
Strengths
The following positive indicators were identified for Volunteers Or America Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Maintains a substantial asset base ($2.9M+), providing a buffer despite operational deficits.
Frequently Asked Questions about Volunteers Or America Inc
Is Volunteers Or America Inc a legitimate charity?
Volunteers Or America Inc (EIN: 208471050) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $275K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Volunteers Or America Inc spend its money?
Volunteers Or America Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Volunteers Or America Inc tax-deductible?
Volunteers Or America Inc is registered as a tax-exempt nonprofit (EIN: 208471050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Volunteers Or America Inc's spending goes to programs?
Volunteers Or America Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Volunteers Or America Inc located?
Volunteers Or America Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 208471050.
How many years of IRS 990 filings does Volunteers Or America Inc have?
Volunteers Or 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 $275K in total revenue.
How does Volunteers Of America Inc cover its consistent operational deficits?
The organization consistently reports expenses exceeding revenue. For example, in 202406, expenses were $393,526 while revenue was $252,688. This suggests they are either drawing down on their substantial assets (which were $3,036,438 in 202406) or utilizing other non-revenue funding sources not detailed in the provided summary.
Is the organization's asset base sustainable given the deficits?
While the organization has significant assets (over $2.9 million), continuous operational deficits, such as the $140,838 deficit in 202406, will gradually erode this asset base if not addressed. The assets have decreased from $3,473,105 in 202006 to $3,036,438 in 202406, indicating a trend of asset depletion.
What is the trend in the organization's revenue and expenses?
Revenue has shown a slight upward trend over the past few years (e.g., $205,878 in 202006 to $252,688 in 202406), but expenses have also increased, often at a faster rate, leading to persistent and sometimes growing deficits. For instance, expenses grew from $283,561 in 202006 to $393,526 in 202406.
Filing History
IRS 990 filing history for Volunteers Or America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Volunteers Or America Inc's revenue has grown by 51.9%, moving from $166K to $253K. Total assets decreased by 9.7% over the same period, from $3.4M to $3.0M. Total functional expenses rose by 63.8%, from $240K to $394K. In its most recent filing year (2024), Volunteers Or America Inc reported a deficit of $141K, with expenses exceeding revenue. The organization holds $362K in liabilities against $3.0M in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $253K | $394K | $3.0M | $362K | — | — |
| 2023 | $239K | $362K | $3.2M | $348K | — | View 990 |
| 2022 | $230K | $332K | $3.3M | $330K | — | View 990 |
| 2021 | $225K | $333K | $3.4M | $342K | — | — |
| 2020 | $206K | $284K | $3.5M | $324K | — | View 990 |
| 2019 | $197K | $275K | $3.0M | $85K | — | View 990 |
| 2018 | $208K | $266K | $2.9M | $29K | — | — |
| 2017 | $171K | $254K | $3.0M | $18K | — | View 990 |
| 2016 | $162K | $259K | $3.1M | $40K | — | View 990 |
| 2015 | $172K | $225K | $3.2M | $63K | — | View 990 |
| 2014 | $170K | $240K | $3.2M | $31K | — | View 990 |
| 2013 | $172K | $240K | $3.3M | $32K | — | View 990 |
| 2012 | $166K | $240K | $3.4M | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $253K, expenses of $394K, and assets of $3.0M (revenue +5.8% year-over-year).
- 2023: Revenue of $239K, expenses of $362K, and assets of $3.2M (revenue +4.1% year-over-year).
- 2022: Revenue of $230K, expenses of $332K, and assets of $3.3M (revenue +2.2% year-over-year).
- 2021: Revenue of $225K, expenses of $333K, and assets of $3.4M (revenue +9.1% year-over-year).
- 2020: Revenue of $206K, expenses of $284K, and assets of $3.5M (revenue +4.6% year-over-year).
- 2019: Revenue of $197K, expenses of $275K, and assets of $3.0M (revenue -5.5% year-over-year).
- 2018: Revenue of $208K, expenses of $266K, and assets of $2.9M (revenue +22.2% year-over-year).
- 2017: Revenue of $171K, expenses of $254K, and assets of $3.0M (revenue +5.2% year-over-year).
- 2016: Revenue of $162K, expenses of $259K, and assets of $3.1M (revenue -5.8% year-over-year).
- 2015: Revenue of $172K, expenses of $225K, and assets of $3.2M (revenue +1.4% year-over-year).
- 2014: Revenue of $170K, expenses of $240K, and assets of $3.2M (revenue -1.1% year-over-year).
- 2013: Revenue of $172K, expenses of $240K, and assets of $3.3M (revenue +3.2% year-over-year).
- 2012: Revenue of $166K, expenses of $240K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteers Or America Inc:
Data Sources and Methodology
This transparency report for Volunteers Or 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.