Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in Burien, WA. 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 $201k and spending of $220k, spending 109% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income fell from $359k to $201k (-44%), an average of -18% a year. The sharpest change came in the year to September 2023, when income dropped by 36%. Over the whole period it spent 87% 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 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include North Carolina Legislative Black Caucus Foundation Inc ($201k), Casper Swim Club ($201k) and Benjamin Stoddert School PTO ($201k).

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 $18k (8.0% of expenses). Other salaries and wages came to $52k. At year end it held assets of $1.0m against liabilities of $18k, net assets of $986k. It reported 2 employees.