Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Pittsburgh, PA. 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 $434k and spending of $266k, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $434k (-76%), an average of -30% a year. The sharpest change came in the year to September 2022, when income dropped by 68%. Over the whole period it spent 91% 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 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Herbert V Prochnow Educational Foundation Inc ($434k), Church After School Association Inc ($434k) and North Shore Art League ($434k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 50% and program service revenue 0.5% of the total. Other salaries and wages came to $96k. At year end it held assets of $2.0m against liabilities of $26k, net assets of $2.0m. It reported 3 employees.