Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2023, Paralyzed Veterans of America reported income of $89.0m and spending of $97.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $92.4m to $89.0m (-3.7%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Paralyzed Veterans of America sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include Childrens Physician Services of South Texas ($88.8m), Marana Health Center Inc ($89.0m) and Morselife Home Care Inc ($88.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $1.4m (1.4% of expenses). Other salaries and wages came to $17.7m. It paid $856k in professional fundraising fees. At year end it held assets of $119.1m against liabilities of $18.0m, net assets of $101.2m. It reported 263 employees.