Nonprofit screen
Screen a listUnited States Veterans Initiative
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$103Mrevenue
FY2025 · +34% in 3 yrs805staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−5.1%
Months of reserve0.5mo
Revenue growth (annualized)+8.4%
Middle half of peersMedianUnited States Veterans Initiative
Where the money goes FY2025 · $108M spent
Programs$92M85%Management and general$14M13%Fundraising$2.2M2%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$2.9M in FY2024 and −$5.3M in FY2025. Cash covers 0.5 months, under the peer median of 0.9.
990 Part I and balance sheetIn its favor3
Strong governance
16 of 17 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 8% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 9 of its 9 returns, 81% of revenue in FY2025. $538M is traced federal awards from Department of Veterans Affairs.
990 Part VIII · USAspending170funders
$31Ma year, last 3 years
86%from its largest funder
Funder’17’18’19’20’21’22’23Stephen Siller Tunnel to Towers FoundationOn and off$80MTHDF II Inc DBA The Home Depot Foundation & Homer FundEvery year since FY2017$175k$14k$6k$3.2M$6k$1.0M$508kThe Call of Duty EndowmentEvery year since FY2017$500k$500k$450k$600k$585k$635k$635kBob & Dolores Hope FoundationOn and off$100k$700k$300k$300k$400k$300kWounded Warrior Project IncSince FY2020$400k$400k$400k$400kHouston Endowment IncSince FY2018$100k$100k$100k$100k$100k$1.0MDonor-advised giftsDonors not disclosed$242k$190k$35k$162k$287k$209k$504k109 other fundersUp to $450k a year each$1.3M$834k$1.3M$1.9M$2.3M$1.6M$1.8M
FundedThrough a donor-advised fund