Veterans Life Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,459 | 14,880 | −1,421 | -3.2 | — |
| 2013 | 174,531 | 173,205 | 1,326 | -0.2 | 50% |
| 2014 | 121,933 | 114,029 | 7,904 | 0.6 | 46% |
| 2015 | 134,691 | 145,924 | −11,233 | -0.5 | 62% |
| 2016 | 399,018 | 180,794 | 218,224 | 14.1 | 50% |
| 2017 | 339,505 | 311,461 | 28,044 | 8.3 | 34% |
| 2019 | 461,776 | 392,468 | 69,308 | 12.1 | 50% |
| 2020 | 2,495,347 | 1,122,231 | 1,373,116 | 18.9 | 56% |
| 2021 | 1,329,274 | 1,747,857 | −418,583 | 11.5 | 38% |
| 2022 | 2,304,730 | 2,039,245 | 265,485 | 11.4 | 30% |
| 2023 | 2,481,096 | 2,364,392 | 116,704 | 10.3 | 28% |
In its most recent public year (2023), this organization brought in $116,704 more than it spent. Its reserves stood at about 10.3 months of spending, up from -3.2 in 2012. Staff pay was 28% of spending. $278,055 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
Veterans Life Center'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