Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Garland, 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 $374k and spending of $416k, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $307k to $374k (+22%), an average of +5.0% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 101% 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 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Saml S Fleisher 9 Res ($373k), Howard College Foundation ($374k) and New School of Monmouth County Inc ($373k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $79k (19% of expenses). Other salaries and wages came to $53k. At year end it held assets of $390k against liabilities of $31k, net assets of $358k. It reported 2 employees.