United States Veterans Initiative
United States Veterans Initiative reported $103.0 million in revenue and $108.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.17 went to program services, $12.76 to management and general costs and $2.07 to fundraising. Its largest source of revenue was contributions and grants: 94.4% of the total. Government grants made up 81.4%. The highest compensation it reported for one person was $400,437 (PRESIDENT & CEO (THRU 1/25)). 43 people received more than $100,000 in reportable compensation. Revenue rose 55% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $108MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $103M- Contributions & grants (non-government)$12.98 $13M
- Government grants$81.28 $84M
- Program service revenue$5.24 $5.4M
- Investment income$0.50 $515K
Other revenue was negative: −$171K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.2% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.8% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.1% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 94.4% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 81.4% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 5.2% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $400,437 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.37% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 43 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.8 | 6.9 |
| Independent voting board members Part VI 1a–1b | 16 of 17 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseSupportive services for veteran families - rapid re-housing and homeless prevention with services and temporary financial assistance for low-income veteran families to stabilize in permanent housing
Veterans in progress (vip) - transitional housing and supportive services for veterans experiencing homelessness within a therapeutic community environment with the goal of transitioning them to permanent housing as rapidly as appropriate. Vip offers clinical treatment, bridge housing, low demand, hospital to housing, and service intensive transitional housing models which also incorporate specialized services for veteran sub-populations to include the advance women's program
Rapid re-housing - services and temporary housing and/or financial assistance to assists veterans and individuals in securing and maintaining stable housing
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO (THRU 1/25) Director/trustee, officer, 35.00 hrs/week | $380,518 | $0 | $19,919 | $400,437 |
| PRESIDENT & CEO Director/trustee, officer, 35.00 hrs/week | $349,035 | $0 | $20,844 | $369,879 |
| CHIEF FINANCIAL OFFICER Officer, 30.00 hrs/week | $277,952 | $0 | $16,917 | $294,869 |
| VP OF HUMAN RESOURCES (THRU 8/24) Highest compensated employee, 40.00 hrs/week | $243,340 | $0 | $13,494 | $256,834 |
| VP DEVELOPMENT Key employee, 40.00 hrs/week | $226,621 | $0 | $15,918 | $242,539 |
| LEGAL COUNSEL Highest compensated employee, 40.00 hrs/week | $212,230 | $0 | $20,779 | $233,009 |
| VICE PRESIDENT OF PROGRAMS Key employee, 40.00 hrs/week | $210,988 | $0 | $18,771 | $229,759 |
| VP FISCAL EVALUATION COMPLIANCE Key employee, 40.00 hrs/week | $207,579 | $0 | $20,914 | $228,493 |
43 people received more than $100,000 in reportable compensation from United States Veterans Initiative (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 16 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5805
- Volunteers Part I, line 62,500
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| KALIHI-PALAMA HEALTH CENTER Sub contractor | $2,246,062 |
| UMOM NEW DAY CENTERS INC Va sub | $1,211,637 |
| FIRST RATE STAFFING CORPORATION Staffing | $705,682 |
| HABILITAT INC Food services | $530,778 |
| SHAMROCK FOODS COMPANY Food vendor | $527,343 |
Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.
Private foundation grants it received
24 private foundations reported grants to United States Veterans Initiative totaling $2.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from United States Veterans Initiative's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for United States Veterans Initiative, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 United States Veterans Initiative spent in FY2025, $85.17 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of United States Veterans Initiative's spending goes to programs?
In the fiscal year ending June 30, 2025, United States Veterans Initiative reported that 85.2% of its $108.2 million in expenses went to program services, 12.8% to management and general and 2.1% to fundraising (Form 990, Part IX).
How much does United States Veterans Initiative pay its top executive?
The largest total compensation United States Veterans Initiative reported for one person in the fiscal year ending June 30, 2025 was $400,437, for the role of PRESIDENT & CEO (THRU 1/25) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does United States Veterans Initiative get its money?
Of $103.0 million in revenue in the fiscal year ending June 30, 2025, 94.4% came from contributions and grants (including 81.4% from government grants) and 5.2% from program service revenue (Form 990, Part VIII).
Is United States Veterans Initiative a registered charity?
The IRS lists EIN 95-4382752 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631279349303728 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531149349300933 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410739349300141 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330659349301708 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200889349300565 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100679349300905 · read the filing
All filings for EIN 95-4382752: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.