Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Urbandale, IA. 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 $276k and spending of $273k, spending 99% of its income. Across the 4 years on record, from September 2020 to September 2023, income fell from $284k to $276k (-2.7%), an average of -0.9% a year. The sharpest change came in the year to September 2022, when income rose by 19%. 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 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Decorah Community School District Foundation ($276k), Pioneer Farm Museum ($276k) and Hart to Heart Ministries Inc ($276k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $70k (26% of expenses). Other salaries and wages came to $43k. It paid $405 in professional fundraising fees. At year end it held assets of $650k against liabilities of $31k, net assets of $619k. It reported 2 employees.