Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in West Roxbury, MA. It received its IRS tax-exemption ruling in October 1955, 71 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Paralyzed Veterans of America reported income of $735k and spending of $453k, leaving 38% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $207k to $735k (+255%), an average of +29% a year. The sharpest change came in the year to June 2024, when income rose by 206%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paralyzed Veterans of America sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($735k), Project Hope of Gunnison Valley ($735k) and Pines Housing Inc ($735k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $75k (17% of expenses). Other salaries and wages came to $75k. At year end it held assets of $1.5m against liabilities of $93k, net assets of $1.4m. It reported 4 employees.