UNITED STATES VETERANS INITIATIVE

LOS ANGELES, CA, 90017-2742 (213) 542-2600 Est. 1993 EIN 95-4382752

P50Z— Human Services Form 990 501(c)(3)

www.usvetsinc.org

Mission

THE SUCCESSFUL TRANSITION OF MILITARY VETERANS AND THEIR FAMILIES THROUGH THE PROVISION OF HOUSING, COUNSELING, CAREER DEVELOPMENT AND COMPREHENSIVE SUPPORT.

Financials

Total Revenue

$95,955,925

Total Expenses

$98,844,150

Net Assets

$19,146,879

781 employees 3,001 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

2.3 months Low

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 0.7%

Expenses ↑ 12.9%

Revenue Sources

Contributions 94.8% Earned revenue 4.8% Investment 1.1%

Expense Breakdown

Program 83.9% Management 13.5% Fundraising 2.6%

Officers & Key Employees (34)

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Grants Received (912)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$95,955,925 ↑	$98,844,150	$19,146,879
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$95,257,794 ↑	$87,584,480	$22,035,104
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$76,804,139 ↑	$76,679,242	$14,361,790
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$75,257,499 ↑	$73,312,107	$14,236,893
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$66,237,913 ↑	$61,806,439	$15,536,252
2017 Form 990 Jul 1, 2017 to Jun 30, 2018	$52,219,301	$52,902,600	$11,608,524