Maritime Defense League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 112,950 | 13,920 | 99,030 | 2832.2 | 0% |
| 2021 | 116,793 | 15,606 | 101,187 | 2738.3 | 0% |
| 2022 | 194,095 | 17,619 | 176,476 | 2372.9 | 0% |
| 2023 | 163,142 | 22,506 | 140,636 | 2103.3 | 0% |
In its most recent public year (2023), this organization brought in $140,636 more than it spent. Its reserves stood at about 2103.3 months of spending, down from 2832.2 in 2020. Staff pay was 0% 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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