Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Newark, DE. 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 $350k and spending of $297k, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $395k to $350k (-12%), an average of -3.0% a year. Over the whole period it spent 90% 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 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within DE. Charities of a similar size with the same main cause include Upson Rockhaven Inc ($350k), Chicago Gay Mens Chorus ($350k) and Railway and Locomotive Historical Society Inc ($350k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (25% of expenses). At year end it held assets of $538k against liabilities of $61k, net assets of $477k. It reported 5 employees.