Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Oklahoma City, OK. 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 $297k and spending of $347k, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $279k to $297k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to September 2022, when income rose by 38%. Over the whole period it spent 107% 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 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Port Angeles Education Foundation ($297k), Crime Stoppers of Tampa Bay Inc ($297k) and National Society of the Daughters of the American Revolution ($297k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $57k. At year end it held assets of $775k against liabilities of $20k, net assets of $755k. It reported 2 employees.