Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Westchester, IL. 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 $1.1m and spending of $543k, leaving 52% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $647k to $1.1m (+75%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 196%. Over the whole period it spent 73% 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 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include New Hampshire Alcohol and Drug Abuse Counselors Association ($1.1m), Voices for Children in Nebraska ($1.1m) and Big Brothers Big Sisters of Northeast Wisconsin Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $264k. At year end it held assets of $3.5m against liabilities of $23k, net assets of $3.5m. It reported 5 employees.