Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 $244k and spending of $364k, spending 149% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $240k to $244k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 112% 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 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within SD. Charities of a similar size with the same main cause include New York State Art Teachers Association ($244k), Concerns of Police Survivors ($244k) and Tidewater Christian Service Camp ($244k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $86k (24% of expenses). Other salaries and wages came to $75k. At year end it held assets of $914k against liabilities of $25k, net assets of $889k. It reported 3 employees.