Veterans Of Foreign Wars Of The United States Dept Of Maine
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 250,017 | 264,879 | −14,862 | 19.4 | 50% |
| 2021 | 294,094 | 322,473 | −28,379 | 14.9 | 42% |
| 2022 | 254,416 | 311,411 | −56,995 | 13.3 | 46% |
| 2023 | 308,886 | 283,289 | 25,597 | 15.8 | 37% |
In its most recent public year (2023), this organization brought in $25,597 more than it spent. Its reserves stood at about 15.8 months of spending, down from 19.4 in 2020. Staff pay was 37% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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