Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in N Chesterfld, VA. 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 $342k and spending of $319k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $250k to $342k (+37%), an average of +8.1% a year. The sharpest change came in the year to September 2022, when income rose by 25%. Over the whole period it spent 86% 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 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Serra International ($342k), Association for Supervision and Curriculum Development ($342k) and Bnai Brith International ($342k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $85k (27% of expenses). Other salaries and wages came to $8,988. At year end it held assets of $798k against liabilities of $23k, net assets of $776k. It reported 2 employees.