Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Tampa, FL. 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 September 2023, Paralyzed Veterans of America reported income of $241k and spending of $289k, spending 120% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $246k to $241k (-2.2%), an average of -0.6% a year. The sharpest change came in the year to September 2022, when income rose by 83%. Over the whole period it spent 95% 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 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Little League Baseball Inc ($241k), Buffalo - Niagara Honor Flight Inc ($241k) and Sociedad Mutualista Obrera Mexicana ($241k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Other salaries and wages came to $72k. At year end it held assets of $931k against liabilities of $49k, net assets of $882k. It reported 1 employees.