Usvets - Texas is a 501(c)(3) organization based in Los Angeles, California, registered in 2012, with $220,576 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$221K
Human Services median: $293K
Expenses (FY2023)
$222K
Net assets
-$38K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Usvets - Texas— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Usvets - Texas: 0 mo reserves · -1% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Usvets - Texas— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Usvets - Texas: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $619K (FY2014) to $221K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$74K
Total liabilities
$112K
Net assets
-$38K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $220,576 | $221,981▲6260% | -$38,387▼3.8% | $73,725▲780% | 990 |
| 2022 | $0▼100% | $3,490▼98.6% | -$36,982▼10.4% | $8,377▼31.1% | 990 |
| 2021 | $231,470▼78.8% | $240,844▼77.1% | -$33,492▼38.9% | $12,164▼87.6% | 990 |
| 2020 | $1,090,345▲55.7% | $1,049,647▲45.8% | -$24,118▲62.8% | $98,271▼25.1% | 990 |
| 2019 | $700,475▲21.3% | $719,991▲22.1% | -$64,816▼43.1% | $131,248▲86.2% | 990 |
| 2018 | $577,689▲1.9% | $589,875▲2.6% | -$45,300▼36.8% | $70,492▲15.0% | 990 |
| 2017 | $567,083▼4.5% | $575,194▼4.1% | -$33,114▼32.4% | $61,311▲41.9% | 990 |
| 2016 | $593,755▼7.5% | $599,861▼7.2% | -$25,004▼32.3% | $43,200▼41.4% | 990 |
| 2015 | $641,555▲3.6% | $646,664▲2.5% | -$18,898▼37.1% | $73,777▼48.7% | 990 |
| 2014 | $619,455 | $630,782 | -$13,789 | $143,835 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Usvets - Texas (EIN 45-5126753) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.