Paralyzed Veterans of America Spinal Cord Research Foundation

Analysis

Paralyzed Veterans of America Spinal Cord Research Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1976, 50 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 June 2023, Paralyzed Veterans of America Spinal Cord Research Foundation reported income of $947k and spending of $913k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $816k to $947k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 222%. Over the whole period it spent 103% 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 Spinal Cord Research Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Blacklick Valley Foundation and Ambulance Service Inc ($946k), Harlem Center for Education Inc ($947k) and Peach Belt Athetic Conference Inc ($946k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.3m against liabilities of $965k, net assets of $3.3m.