Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Memphis, TN. 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 June 2023, Paralyzed Veterans of America reported income of $335k and spending of $257k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $398k to $335k (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 58% 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 65th percentile within TN. Charities of a similar size with the same main cause include Leisure Education for Exceptional People Inc ($335k), Nami Monterey County ($335k) and Leadership Montgomery Inc ($335k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $71k (27% of expenses). At year end it held assets of $3.8m against liabilities of $20k, net assets of $3.8m. It reported 1 employees.