Midwest Shelter For Homeless Veterans Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 775,770 | 381,245 | 394,525 | 62.0 | 61% |
| 2012 | 879,947 | 482,339 | 397,608 | 58.9 | 58% |
| 2013 | 696,115 | 786,056 | −89,941 | 34.7 | 56% |
| 2014 | 1,441,307 | 1,163,577 | 277,730 | 26.3 | 55% |
| 2015 | 1,453,624 | 1,354,837 | 98,787 | 23.5 | 56% |
| 2016 | 1,290,892 | 1,448,251 | −157,359 | 20.7 | 57% |
| 2017 | 1,488,851 | 1,379,606 | 109,245 | 22.7 | 57% |
| 2018 | 1,512,337 | 1,440,405 | 71,932 | 22.3 | 55% |
| 2019 | 1,652,954 | 1,764,288 | −111,334 | 17.5 | 53% |
| 2020 | 2,555,483 | 2,810,653 | −255,170 | 9.9 | 44% |
| 2021 | 2,711,289 | 2,449,774 | 261,515 | 12.6 | 49% |
| 2022 | 3,552,915 | 2,597,760 | 955,155 | 16.3 | 57% |
| 2023 | 2,206,325 | 2,576,594 | −370,269 | 14.1 | 48% |
In its most recent public year (2023), this organization spent $370,269 more than it brought in. Its reserves stood at about 14.1 months of spending, down from 62 in 2011. Staff pay was 48% of spending. $1,527,826 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
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