Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Gulfport, MS. 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 $234k and spending of $187k, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $69k to $234k (+240%), an average of +36% a year. The sharpest change came in the year to September 2020, when income rose by 116%. Over the whole period it spent 109% 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 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within MS. Charities of a similar size with the same main cause include Antioch Historical Society ($234k), Citizens Commission on Human Rights ($234k) and PTA California Congress of Parents Teachers & Students Inc ($234k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $46k (24% of expenses). Other salaries and wages came to $22k. At year end it held assets of $351k against liabilities of $13k, net assets of $338k. It reported 1 employees.