USA Cares
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
USA Cares meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to provide post-9/11 military veterans, service members, and their families with emergency financial assistance and post-service skills training to create a foundation for long-term stability."
Year, State Incorporated:
2003, KY
USA Cares reports that it assists veterans in overcoming obstacles which create instability for them in civilian life. Through the USA Cares Military Assistance Response and Career Transition Assistance programs, the organization helps with bills, including expenses related to housing, utilities, automotive, telephone, and food. USA Cares staff also assists veterans in their search for civilian jobs. In 2023, the organization states that it provided services to 924 veterans and their family members, including 573 mortgage payments, 213 utility payments, 206 automobile payments, and 142 families fed.
For the year ended December 31, 2023, USA Cares's program expenses were:
Program services: $2,954,705
Total Program Expenses: $2,954,705
Chief Executive
Trace Chesser, President and Chief Executive Officer
Compensation*
$110,839
Chair of the Board
Daljit Hundal
Chair's Profession / Business Affiliation
President, Hundal Companies
Board Size
14
Paid Staff Size
23
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Foundation grants, Print advertisements, Corporate solicitation
Fundraising costs were 7% of related contributions. (Related contributions, which totaled $2,965,246, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on USA Cares's audited financial statements for the year ended December 31, 2023.
Source of Funds
Contributions and grants | $2,119,648 |
In-kind contributions | $33,468 |
Special events, net | $812,130 |
Investment income | $22,412 |
Unrealized and realized gain on investments | $16,122 |
Total Income | $3,003,780 |
Programs: 89% Fundraising: 7% Administrative: 5%
Total Income | $3,003,780 |
Total expenses: | $3,328,256 |
Program expenses | $2,954,705 |
Fundraising expenses | $221,220 |
Administrative expenses | $152,331 |
Other expenses | $0 |
Income in Excess of Expenses | $-324,476 |
Beginning Net Assets | $2,587,370 |
Other Changes In Net Assets | $-90,833 |
Ending Net Assets | $2,262,894 |
Total Liabilities | $862,006 |
Total Assets | $3,124,900 |
Note 1: As noted in the above financial section, "other changes in net assets" refers to a prior period adjustment.
Note 2: According to USA Cares' 2023 audited financial statements, the organization received $33,468 in donated event services.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.