Paralyzed Veterans of America

Analysis

Paralyzed Veterans of America is a registered charity in United States, based in San Diego, CA. 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 June 2024, Paralyzed Veterans of America reported income of $399k and spending of $374k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $372k to $399k (+7.2%), an average of +1.7% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 92% 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 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Youngstown Whitney Volunteer Fire Department ($399k), The Dream Factory Inc Headquarters ($399k) and Dress for Success Denver ($399k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $97k (26% of expenses). Other salaries and wages came to $97k. At year end it held assets of $1.1m against liabilities of $19k, net assets of $1.1m. It reported 3 employees.