Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Oakland Park, FL. 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 $220k and spending of $270k, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $222k to $220k (-0.9%), an average of -0.2% a year. Over the whole period it spent 128% 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 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Savannah Tree Foundation Inc ($220k), Joys of Living Assistance Dogs ($220k) and Airborne Angel Cadets ($220k).

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 $63k. At year end it held assets of $1.3m against liabilities of $14k, net assets of $1.3m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.