Maine Veterans Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,911,414 | 75,714,276 | 6,197,138 | 13.9 | 0% |
| 2012 | 84,200,056 | 80,039,181 | 4,160,875 | 13.7 | 1% |
| 2013 | 86,728,346 | 85,645,389 | 1,082,957 | 13.3 | 1% |
| 2014 | 92,250,641 | 87,069,788 | 5,180,853 | 14.2 | 1% |
| 2015 | 89,050,718 | 86,512,944 | 2,537,774 | 12.6 | 1% |
| 2016 | 93,411,752 | 92,675,543 | 736,209 | 11.9 | 1% |
| 2017 | 97,808,788 | 97,870,385 | −61,597 | 11.5 | 1% |
| 2018 | 101,148,915 | 99,351,896 | 1,797,019 | 11.6 | 38% |
| 2019 | 111,490,239 | 92,467,792 | 19,022,447 | 15.1 | 42% |
| 2020 | 126,323,581 | 101,373,945 | 24,949,636 | 16.8 | 42% |
| 2021 | 107,295,717 | 97,921,867 | 9,373,850 | 19.4 | 43% |
| 2022 | 85,884,783 | 95,974,404 | −10,089,621 | 17.8 | 46% |
| 2023 | 89,462,623 | 103,085,307 | −13,622,684 | 14.9 | 47% |
In its most recent public year (2023), this organization spent $13,622,684 more than it brought in. Its reserves stood at about 14.9 months of spending. Staff pay was 47% 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
Maine Veterans Home's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works