Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Minneapolis, MN. 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 $315k and spending of $392k, spending 125% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $272k to $315k (+16%), an average of +3.7% a year. The sharpest change came in the year to September 2022, when income rose by 25%. 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 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Farm Home & Youth Foundation of Montgomery County ($315k), Riverside and Great Northern Lines ($315k) and Haitian Leadership Development ($315k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $49k. At year end it held assets of $729k against liabilities of $18k, net assets of $712k. It reported 1 employees.