Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Crosby, TX. 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 $753k and spending of $658k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $688k to $753k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to September 2020, when income dropped by 17%. Over the whole period it spent 85% 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 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Olde Dominion Agricultural Foundation ($753k), Vallejo Community Arts Foundation ($753k) and Perkiomen Watershed Conservancy ($753k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $85k (13% of expenses). Other salaries and wages came to $94k. At year end it held assets of $2.1m against liabilities of $132k, net assets of $2.0m. It reported 3 employees.