USA Cares Inc

Nonprofit profile at a glance

EIN
050588761
IRS 990 coverage
2010–2025
Forms available
Form 990 2025, Form 990-T 2025
Location
Louisville, KY, USA
Phone
2708724422
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Support

Official website

Reported finances

Revenue
$5,353,407
Expenses
$5,506,496
Assets
$4,660,734
Liabilities
$639,442

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • MATTHEW CASTOR (PRESIDENT, C)

Highest reported compensation

  • MATTHEW CASTOR (PRESIDENT, C): $95,706 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

USA cares' mission is to provide post-9/11 military veterans, service members and their families with financial assistance and post-service skills training to create a foundation for long-term stability. Our services improve the quality of life for them and their families and reduce the potential risk factors that contribute to veteran suicide.

What it reported doing in 2025

The homeless veterans reintegration program ("hvrp") this grant program is an employment-focused program of the u.s. Department of labor. As an hvrp grantee, USA cares provides job training, case management, and placement services to connect homeless veterans with local employers in 65 Kentucky counties and to achieve meaningful employment. To address the complex problems facing homeless veterans, USA cares also works with public and private partners at all levels (federal, state and local) to provide supportive services and access to housing. Expenses: 116,741.81 grants: 10,654.70

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93%; rating input score 93
  • Program expense ratio: 89.8%; rating input score 90
  • Fundraising efficiency: $14.63 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.9%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 76; 76th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 5.8% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 12.3% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 93% of revenue deployed · 89.8% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $4.9M in reported program spending
  • Leadership: top reported pay $96K · 13 people listed
  • Consistency: 37 of 37 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.