Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 147,782 | 149,108 | −1,326 | 9.3 | 26% |
| 2011 | 87,726 | 90,664 | −2,938 | 14.9 | 43% |
| 2012 | 95,024 | 92,969 | 2,055 | 14.8 | 43% |
| 2013 | 94,003 | 93,693 | 310 | 14.7 | 43% |
| 2014 | 89,821 | 90,414 | −593 | 14.6 | 44% |
| 2015 | 132,735 | 120,260 | 12,475 | 10.7 | 35% |
| 2016 | 104,860 | 110,150 | −5,290 | 11.1 | 43% |
| 2017 | 113,042 | 105,398 | 7,644 | 12.4 | 48% |
| 2018 | 103,848 | 100,966 | 2,882 | 24.8 | 47% |
| 2019 | 91,998 | 105,824 | −13,826 | 22.1 | 37% |
| 2020 | 58,783 | 80,062 | −21,279 | 26.1 | 25% |
| 2021 | 91,906 | 89,564 | 2,342 | 23.6 | 30% |
| 2022 | 74,726 | 91,846 | −17,120 | 20.8 | 31% |
| 2023 | 69,577 | 71,161 | −1,584 | 26.6 | 35% |
In its most recent public year (2023), this organization spent $1,584 more than it brought in. Its reserves stood at about 26.6 months of spending, up from 9.3 in 2010. Staff pay was 35% 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
Veterans Of Foreign Wars Dept Of Michigan'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