Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Phoenix, AZ. 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 $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $1.9m (+21%), an average of +4.9% a year. The sharpest change came in the year to September 2023, when income rose by 68%. Over the whole period it spent 96% 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 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Florida Public Pension Trustees Association Inc ($1.9m), Christiana Care Health System Inc ($1.9m) and Crossroads United Way Inc ($1.9m).

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 $90k (4.6% of expenses). Other salaries and wages came to $153k. At year end it held assets of $1.4m against liabilities of $24k, net assets of $1.3m. It reported 4 employees.