Military Heritage Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 848,658 | 958,715 | −110,057 | 11.1 | 32% |
| 2012 | 1,664,340 | 683,716 | 980,624 | 32.8 | 40% |
| 2013 | 535,450 | 1,667,534 | −1,132,084 | 5.3 | 16% |
| 2014 | 577,509 | 646,695 | −69,186 | 12.3 | 43% |
| 2015 | 719,303 | 571,848 | 147,455 | 16.9 | 47% |
| 2016 | 2,710,337 | 2,846,806 | −136,469 | 2.8 | 9% |
| 2017 | 1,183,128 | 721,178 | 461,950 | 18.9 | 43% |
| 2018 | 1,886,149 | 805,580 | 1,080,569 | 32.5 | 39% |
| 2019 | 954,507 | 919,344 | 35,163 | 29.0 | 34% |
| 2020 | 680,659 | 782,505 | −101,846 | 34.2 | 49% |
| 2021 | 1,237,316 | 1,146,892 | 90,424 | 23.4 | 34% |
| 2022 | 1,056,348 | 967,786 | 88,562 | 27.5 | 43% |
| 2023 | 894,848 | 989,354 | −94,506 | 27.0 | 37% |
In its most recent public year (2023), this organization spent $94,506 more than it brought in. Its reserves stood at about 27 months of spending, up from 11.1 in 2011. Staff pay was 37% of spending. $1,655,007 of its net assets are donor-restricted.
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
Military Heritage Foundation'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